BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Acquires 4,121 Shares of Motorola Solutions, Inc. (NYSE:MSI)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 14.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,949 shares of the communications equipment provider's stock after acquiring an additional 4,121 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp's holdings in Motorola Solutions were worth $14,768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. bought a new position in Motorola Solutions in the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

MSI opened at $426.63 on Thursday. The firm has a market capitalization of $71.21 billion, a PE ratio of 46.27, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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 business's 50-day moving average is $421.64 and its two-hundred day moving average is $449.73. Motorola Solutions, Inc. has a 1 year low of $356.77 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The business 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 company's revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business earned $2.81 EPS. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Friday, June 13th. Motorola Solutions's payout ratio is presently 36.39%.

Analyst Ratings Changes

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

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