APG Asset Management N.V. Sells 5,151 Shares of Motorola Solutions, Inc. (NYSE:MSI)

APG Asset Management N.V. cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 14.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,031 shares of the communications equipment provider's stock after selling 5,151 shares during the period. APG Asset Management N.V.'s holdings in Motorola Solutions were worth $13,405,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth about $1,528,949,000. Norges Bank purchased a new stake in Motorola Solutions in the 4th quarter worth about $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares during the period. Geode Capital Management LLC grew its holdings in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after acquiring an additional 451,172 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock worth $1,400,980,000 after acquiring an additional 334,639 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSI. StockNews.com downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Finally, Barclays dropped their price objective 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 assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Price Performance

NYSE:MSI traded up $4.12 during mid-day trading on Tuesday, hitting $430.57. The company's stock had a trading volume of 315,256 shares, compared to its average volume of 777,609. 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 stock has a fifty day moving average of $429.72 and a 200-day moving average of $457.19. The company has a market capitalization of $71.89 billion, a price-to-earnings ratio of 46.70, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82.

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

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

About Motorola Solutions

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.