Harvest Fund Management Co. Ltd Has $1.82 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Harvest Fund Management Co. Ltd increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 31.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,931 shares of the communications equipment provider's stock after buying an additional 942 shares during the quarter. Harvest Fund Management Co. Ltd's holdings in Motorola Solutions were worth $1,817,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. World Investment Advisors LLC increased its position in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after purchasing an additional 35,071 shares during the period. Groupama Asset Managment increased its holdings in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after buying an additional 46,731 shares during the period. National Pension Service raised its position in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after buying 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 worth approximately $33,423,000. Finally, Merit Financial Group LLC boosted its position in shares of 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 acquiring an additional 712 shares in the last quarter. Institutional investors own 84.17% of the company's stock.

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Wall Street Analysts Forecast Growth

MSI has been the subject of several recent analyst reports. Barclays cut their target price on 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 upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions Trading Up 1.6 %

Shares of NYSE:MSI traded up $6.78 during midday trading on Monday, hitting $429.49. 575,419 shares of the stock were exchanged, compared to its average volume of 692,249. The business's 50-day moving average price is $446.45 and its 200 day moving average price is $459.80. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market capitalization of $71.70 billion, a price-to-earnings ratio of 46.58, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its 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). The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced 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 yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend 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.