Aptus Capital Advisors LLC decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 49.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,092 shares of the communications equipment provider’s stock after selling 19,995 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Motorola Solutions were worth $7,702,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. CYBER HORNET ETFs LLC increased its holdings in shares of Motorola Solutions by 5.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 482 shares of the communications equipment provider’s stock worth $185,000 after purchasing an additional 24 shares during the period. Orion Capital Management LLC increased its holdings in shares of Motorola Solutions by 46.3% during the 4th quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 25 shares during the period. Mill Capital Management LLC increased its holdings in shares of Motorola Solutions by 0.9% during the 4th quarter. Mill Capital Management LLC now owns 2,935 shares of the communications equipment provider’s stock worth $1,125,000 after purchasing an additional 25 shares during the period. Bridges Investment Management Inc. increased its holdings in shares of Motorola Solutions by 4.5% during the 4th quarter. Bridges Investment Management Inc. now owns 604 shares of the communications equipment provider’s stock worth $232,000 after purchasing an additional 26 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Motorola Solutions by 45.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock worth $33,000 after purchasing an additional 27 shares during the period. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Performance
NYSE MSI opened at $410.80 on Tuesday. The stock has a market cap of $68.19 billion, a P/E ratio of 33.10, a PEG ratio of 2.87 and a beta of 0.89. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 3.28. The company’s 50-day simple moving average is $420.82 and its 200 day simple moving average is $417.39.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, June 17th. Motorola Solutions’s dividend payout ratio is currently 39.00%.
Analyst Ratings Changes
MSI has been the topic of a number of analyst reports. Weiss Ratings cut shares of Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Truist Financial lowered their target price on shares of 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 shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Raymond James Financial reissued an “outperform” rating and issued a $530.00 target price on shares of Motorola Solutions in a research note on Friday, May 8th. Finally, Barclays upped their target price on shares of Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $504.67.
Read Our Latest Report on Motorola Solutions
Motorola Solutions 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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