Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Trimmed by Bank of Montreal Can

Bank of Montreal Can lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 660,883 shares of the communications equipment provider’s stock after selling 53,692 shares during the quarter. Bank of Montreal Can’s holdings in Motorola Solutions were worth $305,480,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trek Financial LLC acquired a new position in Motorola Solutions during the fourth quarter valued at $717,000. FMR LLC increased its position in Motorola Solutions by 12.4% in the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after buying an additional 334,639 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Motorola Solutions during the fourth quarter valued at about $183,000. Federated Hermes Inc. lifted its position in shares of Motorola Solutions by 1.5% in the 4th quarter. Federated Hermes Inc. now owns 136,702 shares of the communications equipment provider’s stock worth $63,188,000 after acquiring an additional 2,039 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of Motorola Solutions by 33.0% in the fourth quarter. Russell Investments Group Ltd. now owns 304,948 shares of the communications equipment provider’s stock valued at $141,012,000 after purchasing an additional 75,629 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 7.7 %

Shares of NYSE MSI opened at $401.91 on Monday. The firm has a 50 day moving average price of $439.25 and a 200 day moving average price of $459.26. 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 cap of $67.10 billion, a P/E ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week 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 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) 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.