Voya Investment Management LLC Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Voya Investment Management LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 177.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 399,408 shares of the communications equipment provider's stock after purchasing an additional 255,706 shares during the period. Voya Investment Management LLC owned about 0.24% of Motorola Solutions worth $184,618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth $1,528,949,000. Norges Bank acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $1,073,645,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after purchasing an additional 451,172 shares in the last quarter. Finally, FMR LLC raised its position in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock worth $1,400,980,000 after purchasing an additional 334,639 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 0.1 %

Shares of MSI stock traded up $0.63 during trading on Monday, hitting $430.85. 661,555 shares of the stock traded hands, compared to its average volume of 772,570. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The firm has a market capitalization of $71.94 billion, a P/E ratio of 46.73, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The firm's fifty day moving average price is $422.92 and its 200-day moving average price is $455.25. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted 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). The business had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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 of this dividend was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MSI. JPMorgan Chase & Co. reduced their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $515.25.

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.