Norinchukin Bank The Acquires 607 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Norinchukin Bank The boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,428 shares of the communications equipment provider's stock after purchasing an additional 607 shares during the period. Norinchukin Bank The's holdings in Motorola Solutions were worth $3,433,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at about $32,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MSI shares. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Morgan Stanley upped their price objective on shares of 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, JPMorgan Chase & Co. decreased their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have given 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 $515.25.

Motorola Solutions Stock Up 0.9 %

Shares of MSI stock traded up $3.69 on Thursday, hitting $427.85. 425,032 shares of the stock were exchanged, compared to its average volume of 773,637. The business has a 50-day moving average of $423.01 and a 200 day moving average of $455.73. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The firm has a market capitalization of $71.44 billion, a P/E ratio of 46.40, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

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 for the quarter, missing the consensus estimate 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%. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions's dividend payout ratio is 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.