Geode Capital Management LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Geode Capital Management LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,187,217 shares of the communications equipment provider's stock after acquiring an additional 451,172 shares during the quarter. Geode Capital Management LLC owned about 2.51% of Motorola Solutions worth $1,933,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Synergy Asset Management LLC bought a new position in Motorola Solutions in the fourth quarter valued at $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the 4th quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

MSI has been the topic of several research reports. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Morgan Stanley lifted 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 report on Friday, February 14th. Finally, Barclays cut 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. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $505.88.

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Motorola Solutions Trading Up 0.3 %

MSI traded up $1.49 during trading on Wednesday, hitting $437.48. 822,612 shares of the stock traded hands, compared to its average volume of 750,598. The firm has a 50-day moving average of $441.61 and a 200 day moving average of $459.41. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm has a market capitalization of $73.03 billion, a P/E ratio of 47.45, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results 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). The business had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business 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 dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

Motorola Solutions 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.