Board of the Pension Protection Fund Invests $1.16 Million in Motorola Solutions, Inc. (NYSE:MSI)

Board of the Pension Protection Fund purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,500 shares of the communications equipment provider's stock, valued at approximately $1,156,000. Motorola Solutions accounts for approximately 1.3% of Board of the Pension Protection Fund's investment portfolio, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC lifted its position in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock valued at $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at about $449,000. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Motorola Solutions by 32.9% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider's stock valued at $138,210,000 after buying an additional 88,603 shares in the last quarter. Groupama Asset Managment lifted its position in shares of Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after buying an additional 46,731 shares in the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new position in shares of Motorola Solutions during the 2nd quarter valued at about $19,694,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

MSI traded down $1.90 on Wednesday, hitting $458.94. 101,482 shares of the company's stock traded hands, compared to its average volume of 663,046. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a one year low of $314.08 and a one year high of $507.82. The company's 50 day simple moving average is $478.34 and its 200-day simple moving average is $446.78. The firm has a market cap of $76.70 billion, a price-to-earnings ratio of 50.27, a P/E/G ratio of 3.70 and a beta of 1.01.

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

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a $1.09 dividend. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.95%. Motorola Solutions's payout ratio is presently 47.75%.

Analyst Ratings Changes

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

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.