Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Invesco Ltd.

Invesco Ltd. lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 17.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,993,023 shares of the communications equipment provider’s stock after selling 409,174 shares during the quarter. Invesco Ltd.’s holdings in Motorola Solutions were worth $921,235,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MSI. Trek Financial LLC purchased a new stake in Motorola Solutions during the fourth quarter worth about $717,000. FMR LLC boosted its stake in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after acquiring an additional 334,639 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $183,000. Federated Hermes Inc. increased its stake in Motorola Solutions by 1.5% in the 4th quarter. Federated Hermes Inc. now owns 136,702 shares of the communications equipment provider’s stock valued at $63,188,000 after purchasing an additional 2,039 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Motorola Solutions by 33.0% during the fourth quarter. Russell Investments Group Ltd. now owns 304,948 shares of the communications equipment provider’s stock worth $141,012,000 after purchasing an additional 75,629 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on MSI shares. Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Barclays dropped their price objective 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. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Down 7.7 %

MSI opened at $401.91 on Monday. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The firm has a 50 day moving average price of $439.25 and a 200 day moving average price of $459.26. 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 company has a market cap of $67.10 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

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 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 company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

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

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.