Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Magnetar Financial LLC

Magnetar Financial LLC trimmed its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 27.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,720 shares of the communications equipment provider's stock after selling 654 shares during the quarter. Magnetar Financial LLC's holdings in Motorola Solutions were worth $795,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tradition Wealth Management LLC boosted its position in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock worth $294,000 after purchasing an additional 21 shares in the last quarter. Center for Financial Planning Inc. boosted its position in Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after buying an additional 25 shares during the last quarter. Harvest Fund Management Co. Ltd increased its holdings in Motorola Solutions by 0.9% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock worth $1,343,000 after buying an additional 26 shares during the period. Hancock Whitney Corp lifted its stake in Motorola Solutions by 0.4% during the 3rd quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider's stock valued at $2,613,000 after acquiring an additional 26 shares during the period. Finally, Wesbanco Bank Inc. boosted its holdings in shares of Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock valued at $596,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

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Motorola Solutions Price Performance

NYSE MSI traded up $2.35 on Wednesday, hitting $431.54. The company had a trading volume of 598,317 shares, compared to its average volume of 692,191. 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 current ratio of 1.28 and a quick ratio of 1.13. The company's fifty day moving average price is $445.27 and its 200-day moving average price is $459.73. The company has a market capitalization of $72.04 billion, a PE ratio of 46.80, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued 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 firm had revenue of $3.01 billion during 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%. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions's dividend payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MSI. Barclays decreased their target price 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock has an average 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.