Zacks Investment Management Has $15.90 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Zacks Investment Management increased its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4,541.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 34,394 shares of the communications equipment provider's stock after purchasing an additional 33,653 shares during the period. Zacks Investment Management's holdings in Motorola Solutions were worth $15,898,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSI. NewEdge Advisors LLC lifted its position in Motorola Solutions by 5.8% in the 4th quarter. NewEdge Advisors LLC now owns 29,738 shares of the communications equipment provider's stock worth $13,746,000 after buying an additional 1,633 shares in the last quarter. Resurgent Financial Advisors LLC increased its holdings in Motorola Solutions by 1.7% in the fourth quarter. Resurgent Financial Advisors LLC now owns 2,290 shares of the communications equipment provider's stock worth $1,059,000 after buying an additional 38 shares during the last quarter. Kane Investment Management Inc. acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $920,000. Chiron Investment Management LLC grew its position in Motorola Solutions by 304.0% in the fourth quarter. Chiron Investment Management LLC now owns 7,689 shares of the communications equipment provider's stock worth $3,554,000 after acquiring an additional 5,786 shares in the last quarter. Finally, Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Motorola Solutions during the 4th quarter valued at $8,646,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Morgan Stanley lifted their price target 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. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Finally, Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $515.25.

Motorola Solutions Price Performance

Shares of MSI traded up $6.90 during trading hours on Tuesday, hitting $419.25. The stock had a trading volume of 127,344 shares, compared to its average volume of 773,757. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market capitalization of $70.00 billion, a price-to-earnings ratio of 45.47, a P/E/G ratio of 3.82 and a beta of 0.94. The company's fifty day moving average is $424.17 and its two-hundred day moving average is $456.20. 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 quarterly earnings results 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 for the quarter, compared to analyst estimates of $3 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend 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.