Sei Investments Co. Has $56.84 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Sei Investments Co. lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,964 shares of the communications equipment provider's stock after selling 2,333 shares during the quarter. Sei Investments Co. owned 0.07% of Motorola Solutions worth $56,838,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. World Investment Advisors LLC increased its stake 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 acquiring an additional 35,071 shares during the period. Groupama Asset Managment grew its stake in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after purchasing an additional 46,731 shares during the period. National Pension Service raised its holdings in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after buying an additional 87,722 shares in the last quarter. Oddo BHF Asset Management Sas bought a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $33,423,000. Finally, Merit Financial Group LLC boosted its stake in Motorola Solutions by 26.4% in the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock valued at $1,573,000 after buying an additional 712 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

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Analyst Ratings Changes

Several research firms have issued reports on MSI. Barclays dropped 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. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. One 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, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Trading Up 0.3 %

Shares of NYSE MSI traded up $1.48 during mid-day trading on Thursday, hitting $432.71. The company's stock had a trading volume of 660,653 shares, compared to its average volume of 693,018. The company's fifty day simple moving average is $444.71 and its 200-day simple moving average is $459.53. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The stock has a market cap of $72.23 billion, a price-to-earnings ratio of 46.93, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. 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 issued 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 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 the consensus estimate of $3 billion. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

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.