Artisan Partners Limited Partnership Has $75.29 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Artisan Partners Limited Partnership increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 162,873 shares of the communications equipment provider’s stock after purchasing an additional 961 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Motorola Solutions were worth $75,285,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MSI. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Motorola Solutions by 10.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 265,196 shares of the communications equipment provider’s stock worth $122,478,000 after purchasing an additional 24,694 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $878,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $56,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Motorola Solutions by 0.5% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 224,385 shares of the communications equipment provider’s stock worth $103,717,000 after buying an additional 1,146 shares during the last quarter. Finally, Prestige Wealth Management Group LLC lifted its holdings in 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 valued at $109,000 after buying an additional 25 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $432.71 on Friday. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month 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 firm’s 50 day moving average price is $444.11 and its two-hundred day moving average price is $459.34. The firm has a market cap of $72.23 billion, a P/E ratio of 46.93, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. On average, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays lowered their target price on shares of 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 increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.