Blair William & Co. IL Has $94.05 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Blair William & Co. IL lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 203,478 shares of the communications equipment provider’s stock after acquiring an additional 7,701 shares during the period. Blair William & Co. IL’s holdings in Motorola Solutions were worth $94,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Motorola Solutions by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock worth $9,789,955,000 after purchasing an additional 310,919 shares in the last quarter. State Street Corp boosted its holdings in Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Geode Capital Management LLC grew its stake in Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after acquiring an additional 89,320 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. Finally, JPMorgan Chase & Co. raised its position in shares of Motorola Solutions by 2.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,618,744 shares of the communications equipment provider’s stock worth $748,233,000 after purchasing an additional 31,396 shares during the period. 84.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MSI has been the subject of several research reports. 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 upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Barclays lowered 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 analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Performance

Shares of MSI opened at $431.54 on Thursday. The company has a market capitalization of $72.04 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a 50 day moving average of $444.71 and a 200 day moving average of $459.53. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) 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 analysts’ expectations of $3 billion. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date 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 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.