Resona Asset Management Co. Ltd. Invests $32.22 Million in Motorola Solutions, Inc. (NYSE:MSI)

Resona Asset Management Co. Ltd. acquired a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 69,634 shares of the communications equipment provider's stock, valued at approximately $32,222,000.

Several other large investors also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $26,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 1.3 %

Shares of NYSE:MSI traded down $5.58 during trading on Thursday, reaching $411.61. The company's stock had a trading volume of 406,500 shares, compared to its average volume of 770,811. The stock has a market capitalization of $68.72 billion, a PE ratio of 44.34, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm's 50 day simple moving average is $432.98 and its two-hundred day simple moving average is $457.72.

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Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.06%. Motorola Solutions's payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. StockNews.com lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Finally, Barclays reduced their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.