Koshinski Asset Management Inc. increased its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,228 shares of the communications equipment provider’s stock after acquiring an additional 34 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Motorola Solutions were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the 3rd quarter worth about $31,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Motorola Solutions in the 2nd quarter worth about $32,000. Planning Capital Management Corp bought a new position in shares of Motorola Solutions in the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions during the 3rd quarter valued at about $33,000. 84.17% of the stock is currently owned by institutional investors.
Motorola Solutions Stock Performance
Shares of NYSE MSI opened at $471.90 on Thursday. The firm’s 50-day moving average price is $475.98 and its 200-day moving average price is $449.52. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a market cap of $78.86 billion, a PE ratio of 51.69, a PEG ratio of 3.42 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82.
Motorola Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. Morgan Stanley raised 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 note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Bank of America raised their price objective 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, Barclays raised their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.
Read Our Latest Stock Report on MSI
Motorola Solutions Profile
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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