Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Thematics Asset Management

Thematics Asset Management reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,000 shares of the communications equipment provider’s stock after selling 8,000 shares during the period. Motorola Solutions accounts for about 1.2% of Thematics Asset Management’s portfolio, making the stock its 25th largest holding. Thematics Asset Management’s holdings in Motorola Solutions were worth $27,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Motorola Solutions by 12.4% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 436 shares of the communications equipment provider’s stock worth $202,000 after acquiring an additional 48 shares during the period. MML Investors Services LLC raised its stake in Motorola Solutions by 23.3% during the fourth quarter. MML Investors Services LLC now owns 29,960 shares of the communications equipment provider’s stock worth $13,849,000 after purchasing an additional 5,655 shares during the period. MetLife Investment Management LLC boosted its holdings in Motorola Solutions by 1.6% in the 4th quarter. MetLife Investment Management LLC now owns 47,653 shares of the communications equipment provider’s stock valued at $22,027,000 after purchasing an additional 731 shares during the last quarter. Natixis grew its stake in shares of Motorola Solutions by 333.9% in the 4th quarter. Natixis now owns 78,212 shares of the communications equipment provider’s stock valued at $36,152,000 after buying an additional 60,187 shares during the period. Finally, Norinchukin Bank The grew its stake in shares of Motorola Solutions by 8.9% in the 4th quarter. Norinchukin Bank The now owns 7,428 shares of the communications equipment provider’s stock valued at $3,433,000 after buying an additional 607 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

NYSE MSI opened at $420.59 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $70.22 billion, a P/E ratio of 45.62, a P/E/G ratio of 3.82 and a beta of 0.94. The stock has a 50-day moving average of $425.25 and a two-hundred day moving average of $456.41. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year 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). 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. As a group, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MSI shares. JPMorgan Chase & Co. decreased their price objective on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a report on Thursday. Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Morgan Stanley increased 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. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $515.25.

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.