Clear Trail Advisors LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,677 shares of the communications equipment provider’s stock, valued at approximately $9,076,000. Motorola Solutions makes up 2.1% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 14th biggest position.
Other institutional investors have also bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in Motorola Solutions in the fourth quarter worth approximately $208,000. Sivia Capital Partners LLC acquired a new stake in shares of Motorola Solutions during the 2nd quarter valued at $210,000. MAI Capital Management boosted its stake in shares of Motorola Solutions by 7.8% during the 2nd quarter. MAI Capital Management now owns 1,961 shares of the communications equipment provider’s stock worth $825,000 after acquiring an additional 142 shares in the last quarter. Journey Strategic Wealth LLC bought a new stake in shares of Motorola Solutions during the 2nd quarter worth $320,000. Finally, CenterBook Partners LP acquired a new position in shares of Motorola Solutions in the 2nd quarter worth $2,109,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Trading Up 1.0%
NYSE:MSI opened at $456.75 on Tuesday. The company has a market capitalization of $75.67 billion, a P/E ratio of 35.80, a P/E/G ratio of 3.17 and a beta of 0.96. The stock’s 50 day moving average price is $438.91 and its 200 day moving average price is $422.28. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be given a $1.21 dividend. This represents a $4.84 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is currently 37.93%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the company. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Monday, December 1st. Barclays upped their price objective on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Morgan Stanley reissued an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a research report on Thursday, February 12th. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $497.14.
Check Out Our Latest Stock Analysis on Motorola Solutions
Insider Transactions at Motorola Solutions
In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value of $3,297,070.00. Following the completion of the transaction, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This represents a 42.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the completion of the sale, the director owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This represents a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 129,069 shares of company stock worth $60,779,964. Insiders own 1.44% of the company’s stock.
Motorola Solutions 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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