Signaturefd LLC Has $824,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Signaturefd LLC lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 3.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,631 shares of the communications equipment provider’s stock after buying an additional 87 shares during the period. Signaturefd LLC’s holdings in Motorola Solutions were worth $824,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased its position in shares of Motorola Solutions by 1.6% during the 3rd quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock worth $639,853,000 after purchasing an additional 37,718 shares during the last quarter. Raymond James & Associates increased its holdings in Motorola Solutions by 4.7% during the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock worth $674,896,000 after buying an additional 96,421 shares during the last quarter. Invesco Ltd. raised its position in Motorola Solutions by 0.4% during the third quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock worth $546,347,000 after acquiring an additional 8,514 shares in the last quarter. Northern Trust Corp lifted its stake in Motorola Solutions by 1.5% in the third quarter. Northern Trust Corp now owns 1,841,890 shares of the communications equipment provider’s stock valued at $501,436,000 after acquiring an additional 27,874 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Motorola Solutions by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock valued at $437,190,000 after acquiring an additional 36,061 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Barclays lifted their target price on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. JPMorgan Chase & Co. increased their price target on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, Evercore ISI assumed coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average price target of $348.38.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.26% of the stock is owned by insiders.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $345.23 on Tuesday. The company has a 50-day simple moving average of $339.67 and a two-hundred day simple moving average of $320.67. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $355.39. The stock has a market capitalization of $57.35 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. During the same period in the previous year, the business earned $3.38 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. Analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is currently 39.48%.

About Motorola Solutions

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.