UniSuper Management Pty Ltd Grows Holdings in Motorola Solutions, Inc. (NYSE:MSI)

UniSuper Management Pty Ltd raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,327 shares of the communications equipment provider’s stock after buying an additional 2,007 shares during the period. UniSuper Management Pty Ltd’s holdings in Motorola Solutions were worth $14,943,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of MSI. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter worth $29,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the fourth quarter valued at about $30,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.3 %

MSI opened at $432.71 on Friday. The firm has a market capitalization of $72.23 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a fifty day moving average price of $444.11 and a 200-day moving average price of $459.34. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last posted its 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 business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business 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 $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MSI shares. Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Barclays decreased their target price 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 raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.