Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. lifted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 11.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,323 shares of the communications equipment provider's stock after acquiring an additional 21,300 shares during the period. Franklin Resources Inc. owned 0.12% of Motorola Solutions worth $93,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new stake in Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the 4th quarter worth $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter worth $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI stock traded down $0.70 during trading hours on Monday, hitting $401.43. The stock had a trading volume of 759,193 shares, compared to its average volume of 759,233. The stock's 50 day moving average is $439.25 and its 200 day moving average is $459.26. The firm has a market capitalization of $67.02 billion, a PE ratio of 43.59, a PEG ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve 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.

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Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MSI shares. Barclays decreased 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. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus 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.