Daiwa Securities Group Inc. raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 39.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,836 shares of the communications equipment provider’s stock after purchasing an additional 10,331 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Motorola Solutions were worth $14,120,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Cibc World Market Inc. boosted its holdings in shares of Motorola Solutions by 30.9% in the 4th quarter. Cibc World Market Inc. now owns 29,356 shares of the communications equipment provider’s stock valued at $11,253,000 after acquiring an additional 6,928 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 51.5% in the 4th quarter. Sivia Capital Partners LLC now owns 744 shares of the communications equipment provider’s stock valued at $285,000 after acquiring an additional 253 shares during the last quarter. Greenspring Advisors LLC purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $304,000. Lido Advisors LLC boosted its holdings in shares of Motorola Solutions by 1.1% in the 4th quarter. Lido Advisors LLC now owns 22,475 shares of the communications equipment provider’s stock valued at $8,615,000 after acquiring an additional 252 shares during the last quarter. Finally, Transatlantique Private Wealth LLC boosted its holdings in shares of Motorola Solutions by 2.5% in the 4th quarter. Transatlantique Private Wealth LLC now owns 2,849 shares of the communications equipment provider’s stock valued at $1,092,000 after acquiring an additional 70 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Stock Performance
NYSE:MSI opened at $410.54 on Friday. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.86 and a current ratio of 1.07. The company has a fifty day moving average of $423.90 and a two-hundred day moving average of $415.35. The stock has a market capitalization of $68.15 billion, a PE ratio of 33.08, a P/E/G ratio of 2.86 and a beta of 0.89. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22.
Motorola Solutions Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th will be given a dividend of $1.21 per share. The ex-dividend date is Wednesday, June 17th. This represents a $4.84 dividend on an annualized basis and a yield of 1.2%. Motorola Solutions’s dividend payout ratio is currently 39.00%.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on MSI shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a report on Thursday, February 12th. Truist Financial dropped their price objective on shares of Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Argus raised shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Barclays upped their price objective on shares of Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Finally, Piper Sandler upped their price objective on shares of Motorola Solutions from $499.00 to $503.00 and gave the company an “overweight” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Motorola Solutions currently has an average rating of “Buy” and an average target price of $504.67.
Check Out Our Latest Analysis on Motorola Solutions
About Motorola Solutions
Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.
Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.
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