GAMMA Investing LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 23.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,471 shares of the communications equipment provider’s stock after buying an additional 475 shares during the quarter. GAMMA Investing LLC’s holdings in Motorola Solutions were worth $1,142,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of MSI. Farther Finance Advisors LLC grew its stake in Motorola Solutions by 13.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 775 shares of the communications equipment provider’s stock valued at $299,000 after acquiring an additional 90 shares in the last quarter. Financial Counselors Inc. acquired a new stake in shares of Motorola Solutions during the second quarter worth approximately $224,000. First National Trust Co purchased a new position in Motorola Solutions during the second quarter valued at approximately $203,000. Foundations Investment Advisors LLC increased its stake in Motorola Solutions by 17.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 947 shares of the communications equipment provider’s stock valued at $365,000 after buying an additional 141 shares during the period. Finally, Larson Financial Group LLC lifted its position in Motorola Solutions by 12,120.0% in the 2nd quarter. Larson Financial Group LLC now owns 611 shares of the communications equipment provider’s stock worth $236,000 after buying an additional 606 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.
Motorola Solutions Trading Up 0.6 %
NYSE:MSI opened at $461.84 on Friday. The company’s 50 day moving average is $478.01 and its 200-day moving average is $441.86. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12 month low of $307.31 and a 12 month high of $507.82. The firm has a market cap of $77.18 billion, a price-to-earnings ratio of 50.58, a P/E/G ratio of 3.70 and a beta of 1.01.
Motorola Solutions Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.94%. Motorola Solutions’s dividend payout ratio is presently 47.75%.
Analyst Ratings Changes
MSI has been the topic of a number of research reports. Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays raised their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley lifted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $504.88.
Check Out Our Latest Stock 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.
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