FIL Ltd Sells 3,211 Shares of Motorola Solutions, Inc. (NYSE:MSI)

FIL Ltd decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,909 shares of the communications equipment provider's stock after selling 3,211 shares during the period. FIL Ltd's holdings in Motorola Solutions were worth $13,363,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. Norges Bank bought a new position in Motorola Solutions in the fourth quarter valued at $1,073,645,000. Arrowstreet Capital Limited Partnership raised its position in Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after purchasing an additional 484,727 shares in the last quarter. Geode Capital Management LLC lifted its stake in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after buying an additional 334,639 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSI. StockNews.com downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, Barclays decreased their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $505.88.

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Motorola Solutions Stock Up 1.0 %

Shares of NYSE:MSI traded up $4.12 during midday trading on Tuesday, reaching $430.57. The company's stock had a trading volume of 691,375 shares, compared to its average volume of 777,614. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. 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 firm has a 50 day moving average of $429.72 and a 200-day moving average of $457.19. The firm has a market capitalization of $71.89 billion, a P/E ratio of 46.70, a PEG ratio of 3.82 and a beta of 0.94.

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

Motorola Solutions Announces Dividend

The company 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. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

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.