Prudential PLC Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Prudential PLC grew its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 91.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,206 shares of the communications equipment provider's stock after purchasing an additional 30,170 shares during the period. Prudential PLC's holdings in Motorola Solutions were worth $29,216,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $26,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions in the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions in the 4th quarter worth $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 0.2 %

MSI stock traded up $0.65 on Wednesday, reaching $395.37. The company's stock had a trading volume of 394,867 shares, compared to its average volume of 766,125. The firm has a market cap of $66.01 billion, a PE ratio of 42.89, a PEG ratio of 3.82 and a beta of 0.94. The business has a fifty day simple moving average of $435.14 and a two-hundred day simple moving average of $458.22. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

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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 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 company had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.10%. Motorola Solutions's payout ratio is 47.29%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MSI shares. Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Finally, Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.