Motorola Solutions, Inc. (NYSE:MSI) Stock Position Raised by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 456,817 shares of the communications equipment provider’s stock after acquiring an additional 44,150 shares during the period. Allspring Global Investments Holdings LLC owned about 0.27% of Motorola Solutions worth $209,857,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions in the 4th quarter valued at about $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the 3rd quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 1.5 %

Shares of NYSE MSI opened at $474.54 on Wednesday. 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 one year low of $314.84 and a one year high of $507.82. The business has a 50-day moving average price of $470.08 and a two-hundred day moving average price of $457.58. The firm has a market capitalization of $79.30 billion, a PE ratio of 51.98, a PEG ratio of 3.54 and a beta of 1.02.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.

Analyst Ratings Changes

Several research firms recently commented on MSI. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

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.