Alphinity Investment Management Pty Ltd reduced its stake in Motorola Solutions, Inc. by 20.2% in the third quarter of this year, selling 252,410 shares and now holding 995,095 shares valued at approximately $455.0 million. Despite this reduction, Motorola Solutions remains Alphinity’s 9th largest position, accounting for 4.4% of its portfolio. The article also notes that analyst sentiment for Motorola Solutions is generally positive, with an average rating of “Moderate Buy” and a price target of $491.86, and the company recently increased its quarterly dividend.
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Alphinity Investment Management Pty Ltd Decreases Stake in Motorola Solutions, Inc. $MSI
Alphinity Investment Management Pty Ltd reduced its stake in Motorola Solutions, Inc. by 20.2% in the third quarter of this year, selling 252,410 shares and now holding 995,095 shares valued at approximately $455.0 million. Despite this reduction, Motorola Solutions remains Alphinity’s 9th largest position, accounting for 4.4% of its portfolio. The article also notes that analyst sentiment for Motorola Solutions is generally positive, with an average rating of “Moderate Buy” and a price target of $491.86, and the company recently increased its quarterly dividend.