Cynosure Group LLC reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 24.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 637 shares of the communications equipment provider’s stock after selling 209 shares during the period. Cynosure Group LLC’s holdings in Motorola Solutions were worth $294,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions in the fourth quarter valued at $30,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors.
Motorola Solutions Trading Down 0.3 %
NYSE:MSI opened at $435.70 on Friday. The stock has a market cap of $72.73 billion, a PE ratio of 47.26, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock’s 50-day moving average is $440.81 and its two-hundred day moving average is $459.25.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued 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 1.00%. Motorola Solutions’s dividend payout ratio is 47.29%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on MSI shares. Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $505.88.
Check Out Our Latest Report 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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