Compass Capital Management Inc. boosted its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1.5% in the fourth quarter, HoldingsChannel reports. The firm owned 141,210 shares of the communications equipment provider’s stock after acquiring an additional 2,024 shares during the period. Motorola Solutions accounts for about 3.0% of Compass Capital Management Inc.’s holdings, making the stock its 20th biggest position. Compass Capital Management Inc.’s holdings in Motorola Solutions were worth $54,128,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Revolve Wealth Partners LLC bought a new stake in Motorola Solutions in the fourth quarter valued at about $208,000. Sivia Capital Partners LLC bought a new stake in Motorola Solutions in the second quarter valued at about $210,000. HUB Investment Partners LLC increased its holdings in shares of Motorola Solutions by 38.7% in the second quarter. HUB Investment Partners LLC now owns 2,540 shares of the communications equipment provider’s stock worth $1,068,000 after acquiring an additional 709 shares in the last quarter. Peapack Gladstone Financial Corp increased its holdings in shares of Motorola Solutions by 17.7% in the second quarter. Peapack Gladstone Financial Corp now owns 16,279 shares of the communications equipment provider’s stock worth $6,845,000 after acquiring an additional 2,450 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Motorola Solutions in the second quarter worth about $891,000. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Down 0.2%
Shares of Motorola Solutions stock opened at $410.80 on Friday. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The company has a market capitalization of $68.19 billion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 2.87 and a beta of 0.89. The business has a 50-day moving average of $421.81 and a two-hundred day moving average of $416.78. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 17th will be given 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%.
Analysts Set New Price Targets
MSI has been the subject of several recent analyst reports. Piper Sandler increased their price target on Motorola Solutions from $499.00 to $503.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Weiss Ratings downgraded Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Morgan Stanley restated an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a report on Thursday, February 12th. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Finally, Raymond James Financial restated an “outperform” rating and issued a $530.00 price target on shares of Motorola Solutions in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $504.67.
View 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.
Featured Stories
- Five stocks we like better than Motorola Solutions
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
