Advisors Asset Management Inc. Has $14.23 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Advisors Asset Management Inc. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,784 shares of the communications equipment provider’s stock after purchasing an additional 1,524 shares during the quarter. Advisors Asset Management Inc.’s holdings in Motorola Solutions were worth $14,229,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MSI. State Street Corp lifted its position in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after buying an additional 89,320 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter worth $1,528,949,000. Bank of New York Mellon Corp lifted its position in shares of Motorola Solutions by 8.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock worth $595,026,000 after buying an additional 100,454 shares during the last quarter. Finally, Swedbank AB lifted its position in shares of Motorola Solutions by 0.3% during the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock worth $474,708,000 after buying an additional 3,040 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. 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. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley increased 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 analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

Shares of MSI opened at $421.51 on Tuesday. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market capitalization of $70.37 billion, a price-to-earnings ratio of 45.72, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business has a 50-day moving average of $449.35 and a 200-day moving average of $460.30.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $3 billion. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. 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.