Motorola Solutions, Inc. (NYSE:MSI) Stock Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 785,973 shares of the communications equipment provider's stock after acquiring an additional 62,774 shares during the period. Dimensional Fund Advisors LP owned approximately 0.47% of Motorola Solutions worth $363,313,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. World Investment Advisors LLC grew its position in shares of Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after buying an additional 35,071 shares during the period. National Pension Service grew its holdings in Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares during the period. Oddo BHF Asset Management Sas purchased a new stake in Motorola Solutions in the 3rd quarter worth approximately $33,423,000. Merit Financial Group LLC raised its holdings in Motorola Solutions by 26.4% during the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock valued at $1,573,000 after acquiring an additional 712 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new position in Motorola Solutions in the 4th quarter worth approximately $24,136,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $4.72 during midday trading on Wednesday, hitting $424.51. 601,122 shares of the stock were exchanged, compared to its average volume of 775,030. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The stock has a market cap of $70.88 billion, a P/E ratio of 46.04, a PEG 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. The company has a 50 day moving average price of $423.27 and a 200-day moving average price of $455.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. On average, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MSI. Morgan Stanley upped their target price 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. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $515.25.

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.