Peak Planning Group LLC bought a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,388 shares of the communications equipment provider’s stock, valued at approximately $532,000.
Other large investors also recently added to or reduced their stakes in the company. Strategic Advocates LLC bought a new stake in Motorola Solutions in the third quarter worth approximately $28,000. JPL Wealth Management LLC bought a new stake in Motorola Solutions in the third quarter worth approximately $31,000. MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions in the fourth quarter worth approximately $28,000. Orion Capital Management LLC grew its position in Motorola Solutions by 46.3% in the fourth quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 25 shares in the last quarter. Finally, Harbor Investment Advisory LLC grew its position in Motorola Solutions by 45.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock worth $33,000 after acquiring an additional 27 shares in the last quarter. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Price Performance
NYSE MSI opened at $412.38 on Friday. 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 company has a fifty day simple moving average of $421.37 and a 200 day simple moving average of $416.75. The company has a market cap of $68.45 billion, a P/E ratio of 33.23, a P/E/G ratio of 2.86 and a beta of 0.89. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th will be issued a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, June 17th. Motorola Solutions’s dividend payout ratio is currently 39.00%.
Wall Street Analyst Weigh In
Several research firms have commented on MSI. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Raymond James Financial reissued an “outperform” rating and issued a $530.00 target price on shares of Motorola Solutions in a research report on Friday, May 8th. Evercore reissued an “outperform” rating on shares of Motorola Solutions in a research report on Monday, June 1st. Weiss Ratings downgraded shares of Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Finally, Barclays boosted their target price on shares of Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $504.67.
Read Our Latest Analysis on MSI
Motorola Solutions Company Profile
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.
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