Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Cohen & Steers Inc.

Cohen & Steers Inc. increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 993 shares of the communications equipment provider’s stock after purchasing an additional 53 shares during the period. Cohen & Steers Inc.’s holdings in Motorola Solutions were worth $459,000 as of its most recent filing with the Securities & Exchange Commission.

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

Motorola Solutions Trading Up 1.0 %

MSI opened at $430.57 on Wednesday. The stock has a market capitalization of $71.89 billion, a PE ratio of 46.70, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. 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 business’s 50 day moving average price is $428.69 and its 200 day moving average price is $457.01.

Motorola Solutions (NYSE:MSI) last announced 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 business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley lifted their target price 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. StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, April 9th. Finally, Barclays decreased their target price 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. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions 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.