Orleans Capital Management Corp LA increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,371 shares of the communications equipment provider’s stock after acquiring an additional 185 shares during the quarter. Orleans Capital Management Corp LA’s holdings in Motorola Solutions were worth $2,074,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in MSI. Centiva Capital LP acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth about $330,000. Hilltop Holdings Inc. raised its holdings in Motorola Solutions by 131.5% in the 3rd quarter. Hilltop Holdings Inc. now owns 2,422 shares of the communications equipment provider’s stock valued at $1,089,000 after acquiring an additional 1,376 shares during the period. HighTower Advisors LLC lifted its position in Motorola Solutions by 3.6% during the third quarter. HighTower Advisors LLC now owns 33,442 shares of the communications equipment provider’s stock worth $14,998,000 after acquiring an additional 1,160 shares during the last quarter. IHT Wealth Management LLC lifted its position in Motorola Solutions by 16.1% during the third quarter. IHT Wealth Management LLC now owns 1,455 shares of the communications equipment provider’s stock worth $654,000 after acquiring an additional 202 shares during the last quarter. Finally, Morse Asset Management Inc grew its position in shares of Motorola Solutions by 2.3% in the third quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider’s stock valued at $699,000 after purchasing an additional 35 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Stock Performance
NYSE MSI opened at $435.70 on Friday. The firm’s fifty day moving average price is $440.81 and its two-hundred day moving average price is $459.25. The stock has a market cap of $72.73 billion, a PE ratio of 47.26, a PEG ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.00%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.
Analyst Upgrades and Downgrades
MSI has been the subject of several research reports. Barclays dropped 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. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Read Our Latest Research Report on MSI
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.
Recommended Stories
- Five stocks we like better than Motorola Solutions
- There Are Different Types of Stock To Invest In
- Shares of RH Down Nearly 40%: Where Investors Can Turn To Now
- What is MarketRank™? How to Use it
- Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian
- What is the Nasdaq? Complete Overview with History
- Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.