Gulf International Bank UK Ltd lessened its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,132 shares of the communications equipment provider’s stock after selling 138 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Motorola Solutions were worth $6,070,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the third quarter worth $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on MSI shares. Barclays decreased their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their target price 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average target price of $505.88.
Motorola Solutions Stock Down 0.2 %
Shares of MSI opened at $425.72 on Thursday. The stock has a fifty day simple moving average of $460.64 and a two-hundred day simple moving average of $460.33. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a market capitalization of $71.07 billion, a PE ratio of 46.17, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 52-week low of $326.22 and a 52-week high of $507.82.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.02%. Motorola Solutions’s payout ratio is currently 47.29%.
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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