Brown Brothers Harriman & Co. Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Brown Brothers Harriman & Co. grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 130.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,013 shares of the communications equipment provider's stock after purchasing an additional 574 shares during the quarter. Brown Brothers Harriman & Co.'s holdings in Motorola Solutions were worth $468,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter valued at $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the fourth quarter worth $30,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.3 %

Shares of MSI traded up $1.49 during trading hours on Wednesday, reaching $437.48. 822,612 shares of the stock traded hands, compared to its average volume of 750,598. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a fifty day simple moving average of $442.30 and a 200 day simple moving average of $459.57. The company has a market cap of $73.03 billion, a price-to-earnings ratio of 47.45, a PEG ratio of 3.82 and a beta of 1.03.

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Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.00%. Motorola Solutions's payout ratio is currently 47.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of "Moderate Buy" and an average target price of $505.88.

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.