Deutsche Bank AG Has $689.44 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Deutsche Bank AG trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,491,548 shares of the communications equipment provider's stock after selling 115,464 shares during the period. Deutsche Bank AG owned approximately 0.89% of Motorola Solutions worth $689,438,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MSI. Raymond James Financial Inc. bought a new position in Motorola Solutions in the 4th quarter valued at $1,528,949,000. Norges Bank bought a new position in Motorola Solutions in the fourth quarter valued at about $1,073,645,000. Arrowstreet Capital Limited Partnership increased its position in Motorola Solutions by 330.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares during the period. Geode Capital Management LLC raised its holdings 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 worth $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its holdings in Motorola Solutions by 209.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock worth $258,528,000 after purchasing an additional 378,462 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on MSI shares. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. JPMorgan Chase & Co. lowered their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. StockNews.com cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Finally, Barclays reduced their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Trading Down 1.1 %

Shares of MSI traded down $4.51 during trading hours on Friday, reaching $405.86. The stock had a trading volume of 940,558 shares, compared to its average volume of 777,249. The company has a market cap of $67.74 billion, a P/E ratio of 44.02, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 52 week low of $356.30 and a 52 week high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a 50-day moving average of $421.25 and a 200 day moving average of $451.71.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company earned $2.81 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were issued a dividend of $1.09 per share. 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 1.07%. Motorola Solutions's payout ratio is 36.39%.

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.