APG Asset Management US Inc. Sells 2,811 Shares of Motorola Solutions, Inc. (NYSE:MSI)

APG Asset Management US Inc. lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 34.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,252 shares of the communications equipment provider's stock after selling 2,811 shares during the quarter. APG Asset Management US Inc.'s holdings in Motorola Solutions were worth $2,428,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MSI. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter worth about $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the fourth quarter valued at $29,000. SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. bought a new stake in Motorola Solutions in the fourth quarter worth approximately $32,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.4 %

Shares of NYSE:MSI traded up $1.61 during trading on Monday, hitting $423.98. 391,278 shares of the company were exchanged, compared to its average volume of 775,656. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm's 50 day moving average price is $430.81 and its 200-day moving average price is $457.33. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a market capitalization of $70.79 billion, a P/E ratio of 45.98, a PEG ratio of 3.82 and a beta of 0.94.

Remove Ads

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

A number of research analysts have issued reports on MSI shares. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Finally, StockNews.com cut Motorola Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $505.88.

Motorola Solutions 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.