Czech National Bank grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,236 shares of the communications equipment provider's stock after acquiring an additional 2,249 shares during the quarter. Czech National Bank's holdings in Motorola Solutions were worth $16,749,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Tradition Wealth Management LLC raised its position in shares of Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock worth $294,000 after buying an additional 21 shares in the last quarter. Fidelis Capital Partners LLC raised its holdings in Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock worth $1,038,000 after purchasing an additional 22 shares in the last quarter. Omnia Family Wealth LLC lifted its position in Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider's stock worth $527,000 after purchasing an additional 25 shares during the period. Harbour Investments Inc. boosted its stake in Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock valued at $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its stake in Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock valued at $1,343,000 after purchasing an additional 26 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently commented on MSI shares. Barclays boosted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Raymond James lifted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Bank of America increased their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an "equal weight" rating in a research report on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $504.88.
Check Out Our Latest Research Report on Motorola Solutions
Motorola Solutions Trading Up 0.8 %
Motorola Solutions stock traded up $3.57 during midday trading on Tuesday, reaching $460.34. The stock had a trading volume of 512,028 shares, compared to its average volume of 735,791. The firm's fifty day simple moving average is $478.34 and its two-hundred day simple moving average is $446.78. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a twelve month low of $314.08 and a twelve month high of $507.82. The firm has a market cap of $76.93 billion, a price-to-earnings ratio of 50.42, a PEG ratio of 3.70 and a beta of 1.01.
Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.
Motorola Solutions Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions's dividend payout ratio is 47.75%.
Motorola Solutions Profile
(
Free Report)
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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