Quotient Wealth Partners LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 786 shares of the communications equipment provider’s stock after buying an additional 30 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Motorola Solutions were worth $363,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in MSI. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions during the 3rd quarter valued at approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.
Motorola Solutions Price Performance
MSI opened at $479.40 on Monday. The company’s 50-day simple moving average is $470.40 and its two-hundred day simple moving average is $456.45. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock has a market capitalization of $80.12 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82.
Motorola Solutions Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Barclays raised their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley raised their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $504.88.
Check Out Our Latest Research Report on Motorola Solutions
About Motorola Solutions
Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
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