Twin Capital Management Inc. Acquires New Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Twin Capital Management Inc. purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,049 shares of the communications equipment provider's stock, valued at approximately $947,000.

A number of other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the 4th quarter valued at approximately $1,528,949,000. Norges Bank acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $1,073,645,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares during the last quarter. Geode Capital Management LLC lifted its position in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the period. Finally, FMR LLC grew its position in Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock worth $1,400,980,000 after purchasing an additional 334,639 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MSI shares. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Finally, StockNews.com cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $505.88.

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Motorola Solutions Price Performance

Shares of MSI stock traded up $6.74 during trading hours on Friday, hitting $421.61. 789,902 shares of the company's stock were exchanged, compared to its average volume of 777,072. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The firm has a market cap of $70.39 billion, a P/E ratio of 45.73, a P/E/G ratio of 3.82 and a beta of 0.94. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a 50 day moving average of $430.81 and a two-hundred day moving average of $457.33.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued 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 yield of 1.03%. Motorola Solutions's payout ratio 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.