Twin Tree Management LP lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 33.2% in the fourth quarter, HoldingsChannel reports. The firm owned 31,857 shares of the communications equipment provider’s stock after selling 15,843 shares during the period. Twin Tree Management LP’s holdings in Motorola Solutions were worth $14,725,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its position in Motorola Solutions by 26.4% during the 3rd quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider’s stock worth $2,924,000 after buying an additional 1,358 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Motorola Solutions by 10.7% during the third quarter. Natixis Advisors LLC now owns 110,760 shares of the communications equipment provider’s stock worth $49,801,000 after purchasing an additional 10,662 shares in the last quarter. Claro Advisors LLC bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $205,000. Thrivent Financial for Lutherans increased its holdings in shares of Motorola Solutions by 144.0% in the third quarter. Thrivent Financial for Lutherans now owns 71,530 shares of the communications equipment provider’s stock valued at $32,163,000 after purchasing an additional 42,212 shares in the last quarter. Finally, Swiss National Bank raised its position in Motorola Solutions by 0.4% in the 3rd quarter. Swiss National Bank now owns 495,043 shares of the communications equipment provider’s stock worth $222,586,000 after purchasing an additional 1,800 shares during the last quarter. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Trading Up 0.9 %
MSI opened at $421.51 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The firm has a market cap of $70.37 billion, a PE ratio of 45.72, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm’s fifty day moving average is $449.35 and its two-hundred day moving average is $460.30.
Motorola Solutions Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.
Analyst Ratings Changes
A number of research firms have recently weighed in on MSI. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Morgan Stanley upped their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.
View Our Latest Stock Analysis on Motorola Solutions
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.
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