Marietta Investment Partners LLC Raises Position in Motorola Solutions, Inc. (NYSE:MSI)

Marietta Investment Partners LLC grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 189.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,535 shares of the communications equipment provider's stock after buying an additional 1,659 shares during the quarter. Marietta Investment Partners LLC's holdings in Motorola Solutions were worth $1,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its position in Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock valued at $3,358,848,000 after buying an additional 198,183 shares during the period. Geode Capital Management LLC increased its stake in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider's stock worth $1,675,588,000 after purchasing an additional 89,320 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $1,528,949,000. Bank of New York Mellon Corp lifted its stake in Motorola Solutions by 8.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider's stock valued at $595,026,000 after purchasing an additional 100,454 shares during the last quarter. Finally, Swedbank AB grew its holdings in Motorola Solutions by 0.3% during the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider's stock valued at $474,708,000 after purchasing an additional 3,040 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

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Motorola Solutions Price Performance

Motorola Solutions stock traded up $2.35 during mid-day trading on Wednesday, hitting $431.54. 598,317 shares of the company traded hands, compared to its average volume of 693,153. The stock has a fifty day moving average price of $445.27 and a 200-day moving average price of $459.73. The stock has a market cap of $72.04 billion, a price-to-earnings ratio of 46.80, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion during 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%. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently commented on MSI. Morgan Stanley upped their price target 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. Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $505.88.

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.