Aware Super Pty Ltd as trustee of Aware Super Makes New $8.65 Million Investment in Motorola Solutions, Inc. (NYSE:MSI)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 18,704 shares of the communications equipment provider's stock, valued at approximately $8,646,000.

Several other large investors also recently modified their holdings of MSI. Vanguard Group Inc. boosted its position in Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after purchasing an additional 310,919 shares during the last quarter. Geode Capital Management LLC grew its position in Motorola Solutions by 12.1% during the fourth 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 buying an additional 451,172 shares during the period. Raymond James Financial Inc. purchased a new stake in Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. FMR LLC boosted its stake in shares of Motorola Solutions by 12.4% during the 4th 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 during the last quarter. Finally, Norges Bank bought a new stake in shares of Motorola Solutions during the 4th quarter valued at $1,073,645,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $0.14 on Friday, reaching $420.59. The company's stock had a trading volume of 651,934 shares, compared to its average volume of 779,554. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The company has a 50-day simple moving average of $425.25 and a 200 day simple moving average of $456.37. The company has a market cap of $70.22 billion, a P/E ratio of 45.62, a PEG ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results 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). The company had revenue of $3.01 billion for 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%. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.04%. The ex-dividend date was Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Barclays lowered 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. JPMorgan Chase & Co. lowered their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $515.25.

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.