FIL Ltd Sells 3,211 Shares of Motorola Solutions, Inc. (NYSE:MSI)

FIL Ltd lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,909 shares of the communications equipment provider’s stock after selling 3,211 shares during the quarter. FIL Ltd’s holdings in Motorola Solutions were worth $13,363,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth $29,000. SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. purchased a new position in Motorola Solutions during the fourth quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSI has been the topic of several research reports. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, Morgan Stanley raised their target price 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. Two analysts have rated the stock with a hold rating and seven 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 an average target price of $505.88.

Motorola Solutions Price Performance

MSI stock opened at $421.61 on Friday. The stock has a market cap of $70.39 billion, a PE ratio of 45.73, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The company has a 50-day moving average price of $430.81 and a 200 day moving average price of $457.27. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) 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.