Arkadios Wealth Advisors grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 25.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,501 shares of the communications equipment provider’s stock after acquiring an additional 904 shares during the period. Arkadios Wealth Advisors’ holdings in Motorola Solutions were worth $2,081,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions in the 2nd quarter valued at about $32,000. Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $33,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Price Performance
Shares of NYSE MSI opened at $465.23 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The stock has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. 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 firm’s 50-day simple moving average is $477.21 and its 200 day simple moving average is $447.53.
Motorola Solutions Increases Dividend
The company also recently announced 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 of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on MSI shares. 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 note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their target price on 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 raised their target price on 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 raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.
Check Out Our Latest Analysis on Motorola Solutions
Motorola Solutions Company 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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