Quantbot Technologies LP Reduces Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Quantbot Technologies LP lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 54.6% in the 4th quarter, HoldingsChannel reports. The firm owned 8,207 shares of the communications equipment provider’s stock after selling 9,864 shares during the quarter. Quantbot Technologies LP’s holdings in Motorola Solutions were worth $3,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter valued at approximately $29,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions during the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $30,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSI has been the topic of a number of analyst reports. Morgan Stanley raised 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 note on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Trading Up 0.3 %

MSI stock opened at $423.39 on Friday. The business’s 50-day moving average is $446.45 and its 200 day moving average is $459.51. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The stock has a market cap of $70.68 billion, a price-to-earnings ratio of 45.92, a PEG 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.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS 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 analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, sell-side analysts anticipate 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. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.