United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes $878,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,900 shares of the communications equipment provider’s stock, valued at approximately $878,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Motorola Solutions by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after buying an additional 310,919 shares during the period. State Street Corp grew its position in Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the period. Geode Capital Management LLC grew its position in Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after acquiring an additional 89,320 shares during the period. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter worth $1,528,949,000. Finally, Bank of New York Mellon Corp raised its position in Motorola Solutions by 8.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock valued at $595,026,000 after purchasing an additional 100,454 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft lifted their price target 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. Barclays lowered their price objective on shares of 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, Morgan Stanley boosted their target price 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $429.18 on Wednesday. The firm has a market cap of $71.65 billion, a PE ratio of 46.55, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The company’s 50 day moving average is $445.27 and its two-hundred day moving average is $459.73.

Motorola Solutions (NYSE:MSI) last issued its quarterly 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%. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

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.