Alpine Woods Capital Investors LLC lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,255 shares of the communications equipment provider’s stock after selling 448 shares during the period. Motorola Solutions comprises 1.6% of Alpine Woods Capital Investors LLC’s portfolio, making the stock its 11th largest holding. Alpine Woods Capital Investors LLC’s holdings in Motorola Solutions were worth $8,438,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Impact Capital Partners LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $301,000. Commonwealth Equity Services LLC boosted its stake in shares of Motorola Solutions by 5.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 44,222 shares of the communications equipment provider’s stock valued at $20,441,000 after purchasing an additional 2,192 shares in the last quarter. Balboa Wealth Partners acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $360,000. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Motorola Solutions by 9.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 452,360 shares of the communications equipment provider’s stock valued at $209,710,000 after purchasing an additional 39,856 shares in the last quarter. Finally, Erste Asset Management GmbH boosted its stake in shares of Motorola Solutions by 31.4% in the 4th quarter. Erste Asset Management GmbH now owns 10,512 shares of the communications equipment provider’s stock valued at $4,913,000 after purchasing an additional 2,512 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on MSI. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $505.88.
Motorola Solutions Stock Performance
Shares of NYSE:MSI opened at $413.97 on Friday. The stock has a market capitalization of $69.11 billion, a P/E ratio of 44.90, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The business has a 50-day moving average price of $450.90 and a two-hundred day moving average price of $460.12.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.05%. Motorola Solutions’s dividend payout ratio is currently 47.29%.
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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