Price T Rowe Associates Inc. MD Has $307.01 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Price T Rowe Associates Inc. MD lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 664,185 shares of the communications equipment provider's stock after selling 41,729 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.40% of Motorola Solutions worth $307,007,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MSI. Morse Asset Management Inc boosted its position in shares of Motorola Solutions by 2.3% during the third quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider's stock worth $699,000 after buying an additional 35 shares during the period. Barclays PLC boosted its holdings in Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after purchasing an additional 165,353 shares during the last quarter. World Investment Advisors LLC grew its position in Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock valued at $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in Motorola Solutions in the 3rd quarter valued at $6,831,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $2,361,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

MSI stock traded up $5.08 during trading on Tuesday, reaching $436.09. 509,763 shares of the company were exchanged, compared to its average volume of 771,523. The company has a market capitalization of $72.81 billion, a price-to-earnings ratio of 47.30, a P/E/G ratio of 3.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a 50-day moving average of $422.77 and a two-hundred day moving average of $454.99. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly 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 firm had revenue of $3.01 billion during 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%. As a group, equities analysts predict 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. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.00%. Motorola Solutions's payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Morgan Stanley boosted their price objective 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. JPMorgan Chase & Co. reduced their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Finally, Barclays decreased their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $515.25.

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.