Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 51.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 223,603 shares of the communications equipment provider’s stock after selling 239,081 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Motorola Solutions were worth $103,356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions in the fourth quarter valued at about $30,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

MSI has been the topic of a number of research reports. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Trading Down 7.7 %

Motorola Solutions stock opened at $401.91 on Friday. The stock has a market cap of $67.09 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a 50-day moving average price of $439.25 and a 200 day moving average price of $458.96. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82.

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 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 firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Equities research 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. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 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.