Federated Hermes Inc. Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Federated Hermes Inc. grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 136,702 shares of the communications equipment provider's stock after purchasing an additional 2,039 shares during the period. Federated Hermes Inc. owned approximately 0.08% of Motorola Solutions worth $63,188,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of MSI traded up $6.74 during mid-day trading on Friday, reaching $421.61. The company had a trading volume of 789,902 shares, compared to its average volume of 775,625. The stock has a 50 day moving average of $430.81 and a two-hundred day moving average of $457.27. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $70.39 billion, a P/E ratio of 45.73, a PEG ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82.

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Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on MSI. Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. StockNews.com cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday. Finally, Morgan Stanley increased 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. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.