Canada Pension Plan Investment Board Decreases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Canada Pension Plan Investment Board decreased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 60.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,597 shares of the communications equipment provider's stock after selling 44,790 shares during the period. Canada Pension Plan Investment Board's holdings in Motorola Solutions were worth $13,681,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSI. Morse Asset Management Inc lifted its stake in Motorola Solutions by 2.3% in the third quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider's stock valued at $699,000 after purchasing an additional 35 shares during the last quarter. Barclays PLC increased its holdings in Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after acquiring an additional 165,353 shares during the last quarter. M&T Bank Corp lifted its holdings in Motorola Solutions by 2.8% during the third quarter. M&T Bank Corp now owns 18,410 shares of the communications equipment provider's stock valued at $8,278,000 after purchasing an additional 497 shares during the last quarter. World Investment Advisors LLC increased its stake in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Finally, Arvest Bank Trust Division purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at approximately $6,831,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of MSI traded up $2.13 during midday trading on Friday, reaching $430.27. The stock had a trading volume of 436,093 shares, compared to its average volume of 772,917. The company has a market capitalization of $71.84 billion, a price-to-earnings ratio of 46.67, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company's 50-day moving average is $422.82 and its 200 day moving average is $455.58.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). The business 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%. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

Analyst Ratings Changes

MSI has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Morgan Stanley upped their price target 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. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Finally, Barclays decreased their target price 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. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $515.25.

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.