NatWest Group plc purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,180 shares of the communications equipment provider's stock, valued at approximately $5,630,000. Motorola Solutions makes up about 1.7% of NatWest Group plc's investment portfolio, making the stock its 26th biggest position.
Other hedge funds also recently bought and sold shares of the company. World Investment Advisors LLC raised its stake in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock valued at $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP bought a new position in Motorola Solutions during the third quarter valued at $449,000. Groupama Asset Managment increased its position in Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after acquiring an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC increased its position in Motorola Solutions by 8.5% during the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider's stock valued at $184,088,000 after acquiring an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in Motorola Solutions during the third quarter valued at $33,423,000. Hedge funds and other institutional investors own 84.17% of the company's stock.
Motorola Solutions Trading Up 0.3 %
Shares of NYSE MSI traded up $1.34 during mid-day trading on Monday, reaching $480.65. The company had a trading volume of 634,846 shares, compared to its average volume of 706,740. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The business's 50-day moving average is $470.40 and its 200-day moving average is $456.91. The stock has a market cap of $80.33 billion, a price-to-earnings ratio of 52.65, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02.
Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. Equities analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.
Motorola Solutions Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 0.91%. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions's dividend payout ratio is presently 47.75%.
Analysts Set New Price Targets
A number of research analysts have weighed in on MSI shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a research report on Tuesday, December 17th. Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Finally, Barclays upped their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $504.88.
Get Our Latest Stock Analysis on MSI
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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