Motorola Solutions, Inc. (NYSE:MSI) Holdings Trimmed by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 44.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,930 shares of the communications equipment provider's stock after selling 7,838 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Motorola Solutions were worth $4,590,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several research firms recently issued reports on MSI. JPMorgan Chase & Co. cut 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. Morgan Stanley lifted their price target 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. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $515.25.

Motorola Solutions Stock Performance

NYSE MSI traded up $2.13 on Friday, hitting $430.27. The stock had a trading volume of 436,102 shares, compared to its average volume of 862,970. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company's 50-day moving average is $422.82 and its two-hundred day moving average is $455.58. The stock has a market cap of $71.84 billion, a price-to-earnings ratio of 46.67, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its 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 net margin of 14.58% and a return on equity of 197.59%. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.