Quantbot Technologies LP Sells 9,864 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Quantbot Technologies LP reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 54.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,207 shares of the communications equipment provider's stock after selling 9,864 shares during the quarter. Quantbot Technologies LP's holdings in Motorola Solutions were worth $3,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tradition Wealth Management LLC grew its holdings in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock valued at $294,000 after buying an additional 21 shares in the last quarter. Center for Financial Planning Inc. boosted its position in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after acquiring an additional 25 shares during the last quarter. Harvest Fund Management Co. Ltd grew its holdings in shares of Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock valued at $1,343,000 after purchasing an additional 26 shares in the last quarter. Hancock Whitney Corp increased its position in Motorola Solutions by 0.4% in the third quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider's stock worth $2,613,000 after purchasing an additional 26 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its stake in Motorola Solutions by 2.1% during the fourth quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock valued at $596,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 84.17% of the company's stock.

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Wall Street Analyst Weigh In

MSI has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective 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 raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Barclays lowered their price objective 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. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE MSI traded up $2.35 during midday trading on Wednesday, hitting $431.54. The company's stock had a trading volume of 598,317 shares, compared to its average volume of 692,191. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $72.04 billion, a P/E ratio of 46.80, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business's 50 day moving average is $445.27 and its two-hundred day moving average is $459.73.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 return on equity of 197.59% and a net margin of 14.58%. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions's dividend payout ratio (DPR) is 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.