Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Asahi Life Asset Management CO. LTD.

Asahi Life Asset Management CO. LTD. decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 14.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,015 shares of the communications equipment provider’s stock after selling 170 shares during the quarter. Asahi Life Asset Management CO. LTD.’s holdings in Motorola Solutions were worth $469,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter worth about $29,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions during the fourth quarter worth about $29,000. Finally, Planning Capital Management Corp purchased a new position in Motorola Solutions during the third quarter worth about $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

MSI stock opened at $441.37 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1 year low of $328.13 and a 1 year high of $507.82. The firm has a market cap of $73.68 billion, a P/E ratio of 47.87, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The stock has a 50-day simple moving average of $459.38 and a 200-day simple moving average of $460.65.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 analyst estimates of $3 billion. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 0.99%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSI. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Barclays cut 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. Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently 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.