Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 51.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 223,603 shares of the communications equipment provider's stock after selling 239,081 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.13% of Motorola Solutions worth $103,356,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at $1,528,949,000. Norges Bank bought a new stake in Motorola Solutions in the fourth quarter worth about $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after buying an additional 484,727 shares during the period. Geode Capital Management LLC grew its stake in shares of Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after buying an additional 451,172 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its holdings in shares of Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock worth $145,884,000 after buying an additional 315,053 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

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Motorola Solutions Stock Down 1.8 %

Shares of MSI stock traded down $7.63 during mid-day trading on Thursday, hitting $409.56. 297,029 shares of the stock traded hands, compared to its average volume of 770,415. The stock's fifty day moving average is $432.98 and its two-hundred day moving average is $457.72. 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, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The stock has a market cap of $68.38 billion, a P/E ratio of 44.28, a P/E/G ratio of 3.82 and a beta of 0.94.

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 (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. Equities analysts predict 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. Stockholders of record on Friday, March 14th will be issued 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 1.06%. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Barclays lowered 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 note on Friday, February 14th. Morgan Stanley raised 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, StockNews.com cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock 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.