Artemis Investment Management LLP Has $4.32 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Artemis Investment Management LLP cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 57.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,342 shares of the communications equipment provider's stock after selling 12,450 shares during the quarter. Artemis Investment Management LLP's holdings in Motorola Solutions were worth $4,318,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the 3rd quarter valued at about $31,000. Strategic Investment Solutions Inc. IL bought a new position in Motorola Solutions in the 2nd quarter valued at about $32,000. Planning Capital Management Corp bought a new stake in shares of Motorola Solutions during the third quarter worth approximately $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions in the third quarter valued at approximately $33,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MSI. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Barclays increased their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a research report on Tuesday, December 17th. Finally, Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $504.88.

Motorola Solutions Trading Up 0.5 %

Shares of MSI stock traded up $2.53 during mid-day trading on Monday, reaching $465.23. 621,264 shares of the stock traded hands, compared to its average volume of 732,287. The company has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock's fifty day simple moving average is $477.21 and its two-hundred day simple moving average is $448.39. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $1.09 per share. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.94%. The ex-dividend date was Friday, December 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.75%.

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.