Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,109 shares of the communications equipment provider’s stock after buying an additional 718 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Motorola Solutions were worth $9,757,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions in the 3rd quarter valued at about $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions during the 3rd quarter valued at about $32,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Down 0.6 %

Shares of Motorola Solutions stock opened at $479.40 on Friday. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The firm has a market capitalization of $80.12 billion, a PE ratio of 52.51, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s fifty day moving average is $470.81 and its 200-day moving average is $455.45.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSI. Morgan Stanley upped their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Barclays upped their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $504.88.

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.