Cetera Investment Advisers Raises Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Cetera Investment Advisers raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 23.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,530 shares of the communications equipment provider's stock after purchasing an additional 8,356 shares during the period. Cetera Investment Advisers' holdings in Motorola Solutions were worth $20,121,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after buying an additional 310,919 shares during the period. Geode Capital Management LLC boosted its position in 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 valued at $1,933,360,000 after acquiring an additional 451,172 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $1,528,949,000. FMR LLC boosted its position in Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $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 in the 4th quarter worth approximately $1,073,645,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of MSI traded down $4.51 during midday trading on Friday, hitting $405.86. 940,558 shares of the company traded hands, compared to its average volume of 777,249. The firm has a 50 day moving average of $421.25 and a 200-day moving average of $451.62. Motorola Solutions, Inc. has a 52 week low of $356.30 and a 52 week high of $507.82. The stock has a market cap of $67.74 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 3.82 and a beta of 0.98. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

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 (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business's revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.81 EPS. On average, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. 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 cut their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Finally, StockNews.com downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average target price of $513.25.

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.