Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Axecap Investments LLC

Axecap Investments LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,622 shares of the communications equipment provider’s stock after buying an additional 1,264 shares during the period. Motorola Solutions makes up approximately 3.4% of Axecap Investments LLC’s investment portfolio, making the stock its 5th biggest holding. Axecap Investments LLC’s holdings in Motorola Solutions were worth $4,448,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions during the third quarter worth $31,000. Finally, Planning Capital Management Corp purchased a new position in shares of Motorola Solutions during the third quarter worth $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on MSI shares. Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted their price objective 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 company an “outperform” rating in a report on Friday, November 8th. Finally, StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Up 0.3 %

MSI stock opened at $480.65 on Tuesday. The stock has a market capitalization of $80.33 billion, a P/E ratio of 52.65, a P/E/G ratio of 3.54 and a beta of 1.02. The firm has a 50-day simple moving average of $470.40 and a 200-day simple moving average of $456.91. The company has a quick ratio of 1.07, a current ratio of 1.25 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.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

Motorola Solutions Company 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.