Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 33.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 304,948 shares of the communications equipment provider's stock after purchasing an additional 75,629 shares during the quarter. Russell Investments Group Ltd. owned 0.18% of Motorola Solutions worth $141,012,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Centiva Capital LP purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at about $330,000. HighTower Advisors LLC raised its holdings in shares of Motorola Solutions by 3.6% in the third quarter. HighTower Advisors LLC now owns 33,442 shares of the communications equipment provider's stock worth $14,998,000 after buying an additional 1,160 shares during the period. IHT Wealth Management LLC increased its position in shares of Motorola Solutions by 16.1% during the third quarter. IHT Wealth Management LLC now owns 1,455 shares of the communications equipment provider's stock worth $654,000 after acquiring an additional 202 shares during the period. Morse Asset Management Inc lifted its stake in Motorola Solutions by 2.3% in the third quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider's stock worth $699,000 after acquiring an additional 35 shares during the period. Finally, Royal London Asset Management Ltd. grew its stake in Motorola Solutions by 3.9% in the third quarter. Royal London Asset Management Ltd. now owns 76,963 shares of the communications equipment provider's stock valued at $34,605,000 after purchasing an additional 2,872 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research reports. StockNews.com cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Stock Down 0.3 %

Shares of MSI traded down $1.11 during mid-day trading on Thursday, hitting $416.08. 487,570 shares of the company's stock were exchanged, compared to its average volume of 771,145. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $69.47 billion, a price-to-earnings ratio of 44.89, a P/E/G ratio of 3.82 and a beta of 0.94. The stock's 50-day moving average is $432.98 and its 200-day moving average is $457.72. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82.

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). 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 for the quarter, compared to analysts' expectations of $3 billion. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, March 14th. Motorola Solutions's 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.