Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 452,360 shares of the communications equipment provider’s stock after purchasing an additional 39,856 shares during the period. Motorola Solutions comprises about 0.9% of Skandinaviska Enskilda Banken AB publ’s holdings, making the stock its 17th largest position. Skandinaviska Enskilda Banken AB publ owned 0.27% of Motorola Solutions worth $209,710,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth approximately $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions during the 4th quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in Motorola Solutions in the fourth quarter worth about $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $413.42 on Thursday. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week 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 stock has a market capitalization of $69.01 billion, a price-to-earnings ratio of 44.84, a PEG ratio of 3.82 and a beta of 1.03. The stock’s 50 day moving average price is $451.80 and its two-hundred day moving average price is $460.45.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MSI. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays reduced 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. Morgan Stanley boosted their price target 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. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. 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.