Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Wulff Hansen & CO.

Wulff Hansen & CO. lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,753 shares of the communications equipment provider's stock after selling 599 shares during the period. Wulff Hansen & CO.'s holdings in Motorola Solutions were worth $810,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. State Street Corp lifted its holdings in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider's stock valued at $1,675,588,000 after buying an additional 89,320 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth about $1,528,949,000. Bank of New York Mellon Corp boosted its position in Motorola Solutions by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider's stock worth $595,026,000 after acquiring an additional 100,454 shares during the last quarter. Finally, Swedbank AB grew its stake in Motorola Solutions by 0.3% during the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider's stock valued at $474,708,000 after acquiring an additional 3,040 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Remove Ads

Motorola Solutions Stock Up 0.3 %

MSI stock traded up $1.11 during midday trading on Friday, hitting $423.39. The company's stock had a trading volume of 1,140,543 shares, compared to its average volume of 692,718. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The firm has a 50-day simple moving average of $446.45 and a 200-day simple moving average of $459.64. 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 firm has a market capitalization of $70.68 billion, a P/E ratio of 45.92, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data 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 business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current 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 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MSI shares. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Finally, Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions Company 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.