Swedbank AB Purchases 3,040 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Swedbank AB lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,026,996 shares of the communications equipment provider's stock after purchasing an additional 3,040 shares during the quarter. Swedbank AB owned 0.61% of Motorola Solutions worth $474,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions in the third quarter worth $31,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Motorola Solutions during the 2nd quarter valued at about $32,000. Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 0.3 %

Motorola Solutions stock traded down $1.37 during trading on Wednesday, reaching $463.87. The company had a trading volume of 629,761 shares, compared to its average volume of 762,476. The firm has a market capitalization of $77.52 billion, a price-to-earnings ratio of 50.81, a PEG ratio of 3.47 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock's 50 day moving average price is $474.05 and its two-hundred day moving average price is $452.40. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. As a group, equities analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Friday, December 13th. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. Motorola Solutions's payout ratio is 47.75%.

Analyst Ratings Changes

Several brokerages have recently commented on MSI. Bank of America raised their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a report on Tuesday, December 17th. Finally, Barclays lifted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $504.88.

About Motorola Solutions

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.