Deutsche Bank AG increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 23.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,461,363 shares of the communications equipment provider’s stock after acquiring an additional 281,496 shares during the period. Deutsche Bank AG owned about 0.88% of Motorola Solutions worth $560,170,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in MSI. Strategic Advocates LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $28,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $28,000. Orion Capital Management LLC grew its position in shares of Motorola Solutions by 46.3% in the 4th quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 25 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $31,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Motorola Solutions by 45.8% in the 4th quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock valued at $33,000 after buying an additional 27 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Up 1.8%
Shares of Motorola Solutions stock opened at $414.21 on Wednesday. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The stock’s 50-day moving average is $422.55 and its 200 day moving average is $416.16. The firm has a market cap of $68.76 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 2.83 and a beta of 0.89.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th will be given a dividend of $1.21 per share. The ex-dividend date is Wednesday, June 17th. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. Motorola Solutions’s dividend payout ratio is presently 39.00%.
Wall Street Analysts Forecast Growth
A number of research firms have commented on MSI. Evercore reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Monday, June 1st. Weiss Ratings lowered Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Raymond James Financial reiterated an “outperform” rating and issued a $530.00 price target on shares of Motorola Solutions in a research report on Friday, May 8th. Barclays upped their price target on Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Wall Street Zen lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $504.67.
Motorola Solutions Profile
Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.
Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.
Featured Articles
- Five stocks we like better than Motorola Solutions
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
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.
