Hsbc Holdings PLC increased its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 12.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 591,086 shares of the communications equipment provider’s stock after purchasing an additional 67,467 shares during the quarter. Hsbc Holdings PLC owned 0.36% of Motorola Solutions worth $226,642,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Advocates LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $28,000. JPL Wealth Management LLC bought a new stake in shares of Motorola Solutions in the third quarter worth $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Motorola Solutions in the fourth quarter valued at $27,000. MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the fourth quarter valued at $28,000. Finally, Orion Capital Management LLC boosted its stake in Motorola Solutions by 46.3% during the 4th 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 during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.
Motorola Solutions Stock Up 0.9%
Shares of Motorola Solutions stock opened at $422.76 on Friday. The stock has a market capitalization of $70.18 billion, a price-to-earnings ratio of 34.07, a PEG ratio of 2.92 and a beta of 0.88. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. The business’s 50 day simple moving average is $411.01 and its 200-day simple moving average is $420.38.
Motorola Solutions Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 annualized dividend and a dividend yield of 1.1%. Motorola Solutions’s dividend payout ratio is currently 39.00%.
Analyst Ratings Changes
MSI has been the subject of several recent analyst reports. Evercore reissued an “outperform” rating on shares of Motorola Solutions in a report on Monday, June 1st. Truist Financial reduced their price target on shares of Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Weiss Ratings downgraded Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Barclays lifted their target price on Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Finally, Wall Street Zen lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. One 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. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $504.67.
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.
Featured Articles
- Five stocks we like better than Motorola Solutions
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
