Blueshift Asset Management LLC Takes $381,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Blueshift Asset Management LLC 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 824 shares of the communications equipment provider's stock, valued at approximately $381,000.

Several other large investors also recently modified their holdings of the company. Royal London Asset Management Ltd. increased its holdings in Motorola Solutions by 7.5% during the fourth quarter. Royal London Asset Management Ltd. now owns 82,723 shares of the communications equipment provider's stock valued at $38,237,000 after buying an additional 5,760 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of Motorola Solutions by 31.5% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 3,931 shares of the communications equipment provider's stock valued at $1,817,000 after acquiring an additional 942 shares during the period. Xponance Inc. grew its position in shares of Motorola Solutions by 0.9% during the 4th quarter. Xponance Inc. now owns 29,703 shares of the communications equipment provider's stock valued at $13,730,000 after acquiring an additional 278 shares during the period. Generali Asset Management SPA SGR purchased a new stake in shares of Motorola Solutions in the 4th quarter worth $5,577,000. Finally, Evoke Wealth LLC raised its holdings in Motorola Solutions by 31.8% in the 4th quarter. Evoke Wealth LLC now owns 1,209 shares of the communications equipment provider's stock worth $560,000 after purchasing an additional 292 shares during the period. Institutional investors own 84.17% of the company's stock.

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Motorola Solutions Price Performance

Shares of MSI stock traded down $0.16 during mid-day trading on Tuesday, hitting $429.18. The company had a trading volume of 612,609 shares, compared to its average volume of 691,882. 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's 50 day moving average price is $445.89 and its 200-day moving average price is $459.74. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The company has a market capitalization of $71.65 billion, a P/E ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly 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 during the quarter, compared to analysts' expectations of $3 billion. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 dividend yield of 1.02%. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Analyst Ratings Changes

Several analysts have issued reports on MSI shares. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Finally, Morgan Stanley increased their price objective 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average 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.