Versant Capital Management Inc lifted its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 75.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 291 shares of the communications equipment provider’s stock after purchasing an additional 125 shares during the period. Versant Capital Management Inc’s holdings in Motorola Solutions were worth $135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the third quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the second quarter valued at approximately $32,000. Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions in the third quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $33,000. 84.17% of the stock is owned by hedge funds and other institutional investors.
Motorola Solutions Stock Performance
NYSE MSI opened at $461.84 on Friday. 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 fifty day moving average is $478.01 and its two-hundred day moving average is $441.86. The firm has a market capitalization of $77.18 billion, a P/E ratio of 50.58, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. Motorola Solutions, Inc. has a fifty-two week low of $307.31 and a fifty-two week high of $507.82.
Motorola Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.
Analyst Upgrades and Downgrades
MSI has been the topic of a number of research analyst reports. Raymond James lifted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Bank of America boosted their target price 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. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Morgan Stanley lifted their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.
Check Out Our Latest Report on Motorola Solutions
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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