Wells Fargo & Company MN Has $146.47 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Wells Fargo & Company MN lowered its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 316,869 shares of the communications equipment provider's stock after selling 31,605 shares during the period. Wells Fargo & Company MN owned approximately 0.19% of Motorola Solutions worth $146,466,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Center for Financial Planning Inc. raised its stake in 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 purchasing an additional 25 shares during the period. Prestige Wealth Management Group LLC lifted its position in shares of Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after purchasing an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. grew its position in Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after purchasing an additional 25 shares in the last quarter. Wesbanco Bank Inc. increased its stake in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock valued at $596,000 after buying an additional 26 shares during the period. Finally, Premier Path Wealth Partners LLC boosted its stake in shares of Motorola Solutions by 1.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider's stock valued at $769,000 after buying an additional 27 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

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Analysts Set New Price Targets

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

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $6.83 during midday trading on Friday, hitting $421.70. The company's stock had a trading volume of 187,232 shares, compared to its average volume of 771,818. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week 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. The stock has a market capitalization of $70.41 billion, a price-to-earnings ratio of 45.71, a PEG ratio of 3.82 and a beta of 0.94. The stock's 50 day simple moving average is $431.80 and its 200 day simple moving average is $457.47.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (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 analyst estimates of $3 billion. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company 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 of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.