Harvest Fund Management Co. Ltd Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Harvest Fund Management Co. Ltd boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 31.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,931 shares of the communications equipment provider’s stock after buying an additional 942 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Motorola Solutions were worth $1,817,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Xponance Inc. lifted its position in shares of Motorola Solutions by 0.9% during the fourth quarter. Xponance Inc. now owns 29,703 shares of the communications equipment provider’s stock worth $13,730,000 after purchasing an additional 278 shares during the last quarter. Generali Asset Management SPA SGR bought a new stake in shares of Motorola Solutions during the fourth quarter worth $5,577,000. Evoke Wealth LLC lifted its position in shares of Motorola Solutions by 31.8% during the fourth quarter. Evoke Wealth LLC now owns 1,209 shares of the communications equipment provider’s stock worth $560,000 after purchasing an additional 292 shares during the last quarter. Horizon Investments LLC lifted its position in shares of Motorola Solutions by 2.0% during the fourth quarter. Horizon Investments LLC now owns 3,310 shares of the communications equipment provider’s stock worth $1,530,000 after purchasing an additional 64 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Motorola Solutions by 5.2% during the fourth quarter. Advisors Asset Management Inc. now owns 30,784 shares of the communications equipment provider’s stock worth $14,229,000 after purchasing an additional 1,524 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $423.82 on Thursday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a market capitalization of $70.75 billion, a PE ratio of 45.97, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a 50-day simple moving average of $447.89 and a two-hundred day simple moving average of $459.90.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results 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 return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Ratings Changes

MSI has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays decreased their target price 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. Finally, Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One 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, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price 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.