Pathstone Holdings LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,844 shares of the communications equipment provider’s stock after acquiring an additional 1,029 shares during the period. Pathstone Holdings LLC’s holdings in Motorola Solutions were worth $10,562,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Barclays PLC increased its holdings in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after purchasing an additional 165,353 shares in the last quarter. Brookstone Capital Management grew its stake in shares of Motorola Solutions by 8.0% during the 4th quarter. Brookstone Capital Management now owns 739 shares of the communications equipment provider’s stock worth $342,000 after acquiring an additional 55 shares in the last quarter. Miracle Mile Advisors LLC grew its stake in shares of Motorola Solutions by 7.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,293 shares of the communications equipment provider’s stock valued at $598,000 after buying an additional 92 shares in the last quarter. Accurate Wealth Management LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at $339,000. Finally, Fifth Third Wealth Advisors LLC boosted its position in Motorola Solutions by 44.0% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 3,113 shares of the communications equipment provider’s stock worth $1,439,000 after purchasing an additional 951 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Stock Performance
Shares of MSI opened at $424.91 on Friday. The company has a market cap of $70.92 billion, a PE ratio of 46.09, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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 stock has a 50-day moving average price of $420.81 and a 200-day moving average price of $450.53. Motorola Solutions, Inc. has a 12-month low of $356.77 and a 12-month high of $507.82.
Motorola Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is currently 36.39%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Morgan Stanley boosted their target price 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. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Barclays lowered their price objective on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $513.25.
Read Our Latest Analysis 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.
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