Foster Dykema Cabot & Partners LLC Buys 1,696 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Foster Dykema Cabot & Partners LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,820 shares of the communications equipment provider's stock after buying an additional 1,696 shares during the quarter. Motorola Solutions makes up about 2.4% of Foster Dykema Cabot & Partners LLC's holdings, making the stock its 11th largest position. Foster Dykema Cabot & Partners LLC's holdings in Motorola Solutions were worth $31,422,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MSI. World Investment Advisors LLC raised its holdings in Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock valued at $16,061,000 after acquiring an additional 35,071 shares during the period. National Pension Service grew its position in shares of Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $33,423,000. Merit Financial Group LLC lifted its holdings in Motorola Solutions by 26.4% during the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after purchasing an additional 712 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in Motorola Solutions in the 4th quarter worth about $24,136,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday. Morgan Stanley increased their target price 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. Barclays reduced their price target on shares of 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, JPMorgan Chase & Co. lowered their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $515.25.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $0.14 on Friday, hitting $420.59. 651,934 shares of the company traded hands, compared to its average volume of 777,090. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm's 50-day simple moving average is $425.25 and its 200 day simple moving average is $456.41. The company has a market cap of $70.22 billion, a P/E ratio of 45.62, a P/E/G 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 (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 firm had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3 billion. Analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

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.