Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Aviva PLC

Aviva PLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 19.5% in the 4th quarter, Holdings Channel reports. The firm owned 222,324 shares of the communications equipment provider’s stock after selling 54,021 shares during the period. Aviva PLC’s holdings in Motorola Solutions were worth $102,765,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the 4th quarter valued at about $30,000. Finally, Meeder Asset Management Inc. purchased a new position in Motorola Solutions in the 4th quarter worth approximately $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

NYSE MSI opened at $401.91 on Friday. The stock has a fifty day simple moving average of $439.25 and a 200-day simple moving average of $458.96. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market cap of $67.09 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its earnings results 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 company 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%. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MSI shares. Barclays dropped their price target 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. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently 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.