Analog Century Management LP purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 185,485 shares of the communications equipment provider’s stock, valued at approximately $71,100,000. Motorola Solutions accounts for 3.5% of Analog Century Management LP’s holdings, making the stock its 16th largest position. Analog Century Management LP owned about 0.11% of Motorola Solutions as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also modified their holdings of MSI. Strategic Advocates LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at $28,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at $28,000. Orion Capital Management LLC raised its stake in shares of Motorola Solutions by 46.3% in the fourth quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock valued at $30,000 after acquiring an additional 25 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at $31,000. Finally, Harbor Investment Advisory LLC raised its stake in shares of Motorola Solutions by 45.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock valued at $33,000 after acquiring an additional 27 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Stock Up 0.5%
Motorola Solutions stock opened at $412.38 on Friday. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The stock has a market cap of $68.45 billion, a PE ratio of 33.23, a P/E/G ratio of 2.87 and a beta of 0.89. The stock’s fifty day moving average is $421.37 and its two-hundred day moving average is $416.75.
Motorola Solutions Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th will be paid a $1.21 dividend. 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 (DPR) is currently 39.00%.
Analyst Ratings Changes
Several brokerages have recently issued reports on MSI. Piper Sandler increased their price objective on Motorola Solutions from $499.00 to $503.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Truist Financial reduced their price objective on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Raymond James Financial reiterated an “outperform” rating and issued a $530.00 price objective on shares of Motorola Solutions in a research note on Friday, May 8th. Finally, Barclays increased their price objective on Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus price target of $504.67.
Read Our Latest Research Report on Motorola Solutions
Motorola Solutions Company Profile
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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