Sapient Capital LLC reduced its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 11.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,048 shares of the communications equipment provider’s stock after selling 2,592 shares during the quarter. Sapient Capital LLC’s holdings in Motorola Solutions were worth $9,292,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in MSI. International Assets Investment Management LLC boosted its stake in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after purchasing an additional 965,972 shares during the period. Mizuho Securities USA LLC lifted its holdings in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after buying an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after buying an additional 257,727 shares during the period. State Street Corp grew its stake in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after acquiring an additional 165,353 shares during the period. Institutional investors own 84.17% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Barclays lifted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Morgan Stanley increased their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and a consensus target price of $504.88.
Motorola Solutions Stock Up 0.3 %
Shares of MSI stock opened at $480.65 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The firm has a market capitalization of $80.33 billion, a PE ratio of 52.65, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock’s 50-day simple moving average is $470.40 and its 200-day simple moving average is $456.91.
Motorola Solutions Increases Dividend
The firm also recently declared 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. The ex-dividend date was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.91%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.
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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