Koshinski Asset Management Inc. raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,228 shares of the communications equipment provider’s stock after purchasing an additional 34 shares during the period. Koshinski Asset Management Inc.’s holdings in Motorola Solutions were worth $567,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in MSI. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the third quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL purchased a new position in Motorola Solutions during the second quarter valued at approximately $32,000. Planning Capital Management Corp purchased a new position in Motorola Solutions during the third quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in Motorola Solutions during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Motorola Solutions Trading Up 0.9 %
Shares of MSI opened at $471.90 on Thursday. The company’s fifty day moving average is $475.98 and its 200 day moving average is $449.52. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The stock has a market capitalization of $78.86 billion, a PE ratio of 51.69, a P/E/G ratio of 3.42 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.
Motorola Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. Motorola Solutions’s payout ratio is 47.75%.
Wall Street Analysts Forecast Growth
MSI has been the topic of several recent analyst reports. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Raymond James lifted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America lifted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays lifted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $504.88.
View Our Latest Analysis on Motorola Solutions
Motorola Solutions Profile
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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