Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,795 shares of the communications equipment provider’s stock after buying an additional 1,602 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Motorola Solutions were worth $13,309,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of MSI. Raymond James Financial Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at $1,528,949,000. Proficio Capital Partners LLC grew its holdings in shares of Motorola Solutions by 56,562.5% during the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after buying an additional 315,053 shares in the last quarter. State Street Corp grew its holdings in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Barclays PLC grew its holdings in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Motorola Solutions by 44.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider’s stock valued at $182,959,000 after buying an additional 125,351 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Motorola Solutions Price Performance
Shares of NYSE:MSI opened at $422.10 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The business has a 50-day moving average of $447.09 and a two-hundred day moving average of $459.64. The stock has a market capitalization of $70.46 billion, a P/E ratio of 45.78, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 47.29%.
Analysts Set New Price Targets
MSI has been the topic of a number of recent research reports. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.
Motorola Solutions 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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