Motorola Solutions, Inc. $MSI Shares Acquired by ABN AMRO Bank N.V.

ABN AMRO Bank N.V. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 130,230 shares of the communications equipment provider’s stock after acquiring an additional 6,656 shares during the quarter. ABN AMRO Bank N.V. owned 0.08% of Motorola Solutions worth $59,375,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Orion Capital Management LLC bought a new position in shares of Motorola Solutions during the third quarter valued at approximately $25,000. United Community Bank lifted its holdings in shares of Motorola Solutions by 81.3% in the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after buying an additional 26 shares during the period. Whipplewood Advisors LLC boosted its position in shares of Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 55 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of Motorola Solutions in the third quarter valued at $33,000. Finally, Field & Main Bank purchased a new stake in shares of Motorola Solutions during the third quarter valued at $35,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MSI. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $465.00 to $443.00 in a research note on Monday, January 5th. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, January 27th. Barclays decreased their price target on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Monday, December 1st. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $491.86.

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $416.03 on Thursday. The business has a 50-day moving average price of $383.90 and a two-hundred day moving average price of $420.98. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. The stock has a market capitalization of $69.29 billion, a P/E ratio of 33.39, a P/E/G ratio of 3.06 and a beta of 1.00. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were issued a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.2%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, December 15th. Motorola Solutions’s dividend payout ratio (DPR) is 38.84%.

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.