Chiron Investment Management LLC Purchases 5,786 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Chiron Investment Management LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 304.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,689 shares of the communications equipment provider's stock after buying an additional 5,786 shares during the quarter. Chiron Investment Management LLC's holdings in Motorola Solutions were worth $3,554,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MSI. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $8,646,000. Canada Post Corp Registered Pension Plan bought a new stake in Motorola Solutions in the 4th quarter valued at $1,156,000. LaSalle St. Investment Advisors LLC acquired a new stake in Motorola Solutions in the 4th quarter worth $206,000. XTX Topco Ltd bought a new position in shares of Motorola Solutions during the 4th quarter worth about $790,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at about $493,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Up 0.0 %

Shares of MSI traded up $0.14 during trading hours on Friday, hitting $420.59. 651,934 shares of the stock traded hands, compared to its average volume of 779,554. The business has a fifty day moving average of $425.25 and a 200-day moving average of $456.37. 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 firm has a market capitalization of $70.22 billion, a PE ratio of 45.62, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82.

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

Motorola Solutions Dividend Announcement

The business also recently declared 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 1.04%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

Analyst Ratings Changes

MSI has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday. Morgan Stanley upped 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. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Thursday. Finally, Barclays reduced their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock 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.