Fmr LLC Has $1.40 Billion Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Fmr LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,030,915 shares of the communications equipment provider’s stock after buying an additional 334,639 shares during the period. Fmr LLC’s holdings in Motorola Solutions were worth $1,400,980,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. World Investment Advisors LLC raised its stake in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares in the last quarter. Groupama Asset Managment grew its holdings in shares of Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the last quarter. National Pension Service increased its position in Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Oddo BHF Asset Management Sas bought a new position in Motorola Solutions in the 3rd quarter valued at approximately $33,423,000. Finally, Merit Financial Group LLC boosted its position in Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock valued at $1,573,000 after buying an additional 712 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Down 7.7 %

Shares of NYSE:MSI opened at $401.91 on Monday. The firm 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 12-month low of $332.98 and a 12-month high of $507.82. The business has a fifty day simple moving average of $439.25 and a 200 day simple moving average of $459.26. 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 issued its quarterly earnings data 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). The company 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 predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 1.08%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSI. Barclays lowered their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.