Cibc World Markets Corp Has $28.35 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Cibc World Markets Corp boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 171.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,340 shares of the communications equipment provider's stock after purchasing an additional 38,727 shares during the period. Cibc World Markets Corp's holdings in Motorola Solutions were worth $28,353,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the fourth quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter worth about $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth about $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth about $30,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded down $2.26 during trading hours on Thursday, hitting $422.10. 556,866 shares of the company's stock were exchanged, compared to its average volume of 689,226. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. 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 has a market capitalization of $70.46 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 3.82 and a beta of 1.03. The company's 50-day moving average price is $447.89 and its 200-day moving average price is $459.90.

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Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions has an average rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Company 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.