Lincoln Capital Corp purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 436 shares of the communications equipment provider’s stock, valued at approximately $202,000.
Other large investors have also modified their holdings of the company. Veracity Capital LLC bought a new stake in Motorola Solutions during the 4th quarter valued at $208,000. Secure Asset Management LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $220,000. Red Door Wealth Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $937,000. Raleigh Capital Management Inc. raised its holdings in Motorola Solutions by 335.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 431 shares of the communications equipment provider’s stock worth $199,000 after purchasing an additional 332 shares in the last quarter. Finally, Independent Wealth Network Inc. lifted its position in Motorola Solutions by 3.9% in the fourth quarter. Independent Wealth Network Inc. now owns 2,658 shares of the communications equipment provider’s stock worth $1,229,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on MSI. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley boosted 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. Barclays raised their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $504.88.
Motorola Solutions Price Performance
Shares of NYSE:MSI opened at $475.78 on Friday. The business has a fifty day simple moving average of $475.49 and a 200 day simple moving average of $449.68. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The firm has a market cap of $79.51 billion, a price-to-earnings ratio of 52.11, a P/E/G ratio of 3.47 and a beta of 1.01.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.
Motorola Solutions Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.
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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