Barclays PLC Sells 314,133 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Barclays PLC cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 43.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 409,702 shares of the communications equipment provider’s stock after selling 314,133 shares during the quarter. Barclays PLC’s holdings in Motorola Solutions were worth $189,375,000 as of its most recent SEC filing.

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

Motorola Solutions Trading Up 1.0 %

Shares of Motorola Solutions stock opened at $426.43 on Tuesday. The firm’s 50-day moving average price is $429.72 and its two-hundred day moving average price is $457.19. The company has a market capitalization of $71.20 billion, a price-to-earnings ratio of 46.25, a PEG ratio of 3.82 and a beta of 0.94. 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, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced 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). 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 the consensus estimate of $3 billion. On average, analysts forecast 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. Investors of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analysts Set New Price Targets

A number of research analysts have commented on MSI shares. Morgan Stanley upped 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. Barclays decreased their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently 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.