Balyasny Asset Management L.P. Has $1.60 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Balyasny Asset Management L.P. lowered its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 96.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,459 shares of the communications equipment provider's stock after selling 87,886 shares during the period. Balyasny Asset Management L.P.'s holdings in Motorola Solutions were worth $1,599,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Motorola Solutions by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after acquiring an additional 310,919 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after acquiring an additional 451,172 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $1,528,949,000. 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. Finally, Norges Bank bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $1,073,645,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $412.57 on Tuesday. The business has a 50 day moving average price of $420.97 and a 200 day moving average price of $451.27. Motorola Solutions, Inc. has a twelve month low of $356.30 and a twelve month high of $507.82. The company has a market cap of $68.86 billion, a price-to-earnings ratio of 44.75, a PEG ratio of 3.82 and a beta of 0.98. 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 (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The firm's revenue for the quarter was up 5.8% compared to the same quarter last year. Research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.06%. Motorola Solutions's payout ratio is 36.39%.

Wall Street Analyst Weigh In

MSI has been the subject of several recent analyst reports. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. JPMorgan Chase & Co. decreased their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. StockNews.com downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Finally, Barclays decreased their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $513.25.

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.

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