MetLife Investment Management LLC Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

MetLife Investment Management LLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,653 shares of the communications equipment provider's stock after acquiring an additional 731 shares during the quarter. MetLife Investment Management LLC's holdings in Motorola Solutions were worth $22,027,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MSI shares. Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Barclays reduced their target price 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, JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have issued 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 Price Performance

Shares of MSI stock traded up $3.69 during mid-day trading on Thursday, reaching $427.85. The stock had a trading volume of 425,032 shares, compared to its average volume of 773,637. The company has a market cap of $71.44 billion, a P/E ratio of 46.40, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a current ratio of 1.28, a quick ratio of 1.13 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. The business has a 50-day simple moving average of $423.01 and a 200 day simple moving average of $455.73.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted 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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business 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 year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions's 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.