Fmr LLC Has $1.40 Billion Position 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 the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,030,915 shares of the communications equipment provider’s stock after buying an additional 334,639 shares during the period. Fmr LLC owned about 1.81% of Motorola Solutions worth $1,400,980,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after purchasing an additional 310,919 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock valued at $1,933,360,000 after buying an additional 451,172 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $1,528,949,000. Norges Bank acquired a new position in Motorola Solutions during the fourth quarter worth $1,073,645,000. Finally, JPMorgan Chase & Co. increased its holdings in Motorola Solutions by 2.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,618,744 shares of the communications equipment provider’s stock worth $748,233,000 after buying an additional 31,396 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

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 price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The business’s 50 day moving average is $439.25 and its 200-day moving average is $459.26. 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, Inc. has a 1-year low of $332.98 and a 1-year 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 the consensus estimate of $3.85 by ($0.10). The firm 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%. Equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business 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 1.08%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analyst Ratings Changes

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

Motorola Solutions Company 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.