Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Banco Santander S.A.

Banco Santander S.A. increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4,124.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,810 shares of the communications equipment provider’s stock after purchasing an additional 51,560 shares during the quarter. Banco Santander S.A.’s holdings in Motorola Solutions were worth $24,410,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $1,528,949,000. Mizuho Securities USA LLC grew its position in Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after acquiring an additional 572,040 shares in the last quarter. Proficio Capital Partners LLC grew its position in Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after acquiring an additional 315,053 shares in the last quarter. State Street Corp grew its position 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 valued at $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $422.99 on Friday. The business’s 50-day moving average price is $454.75 and its 200 day moving average price is $460.49. The firm has a market cap of $70.61 billion, a P/E ratio of 45.88, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52-week low of $329.70 and a 52-week high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal 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 given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSI. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley raised 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

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.