Invesco Ltd. Sells 409,174 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Invesco Ltd. trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 17.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,993,023 shares of the communications equipment provider's stock after selling 409,174 shares during the quarter. Invesco Ltd. owned about 1.19% of Motorola Solutions worth $921,235,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MSI. Vanguard Group Inc. grew its stake in Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after buying an additional 310,919 shares in the last quarter. Geode Capital Management LLC increased its stake in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after acquiring an additional 451,172 shares during the last quarter. Raymond James Financial Inc. bought a new position in Motorola Solutions in the fourth quarter valued at approximately $1,528,949,000. FMR LLC raised its position in Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after purchasing an additional 334,639 shares in the last quarter. Finally, Norges Bank bought a new stake in Motorola Solutions during the fourth quarter worth $1,073,645,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 1.6 %

Shares of MSI stock traded up $6.74 during trading hours on Friday, hitting $421.61. 789,902 shares of the company's stock traded hands, compared to its average volume of 775,625. The stock has a market cap of $70.39 billion, a PE ratio of 45.73, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The stock's 50 day simple moving average is $430.81 and its 200 day simple moving average is $457.27. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82.

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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 the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio is presently 47.29%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MSI shares. StockNews.com cut Motorola Solutions from a "buy" rating to a "hold" rating in a report on Wednesday. Barclays dropped their target price on shares of 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 lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target 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.