Financial Insights Inc. Reduces Position in Motorola Solutions, Inc. (NYSE:MSI)

Financial Insights Inc. lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 65.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 557 shares of the communications equipment provider's stock after selling 1,035 shares during the period. Financial Insights Inc.'s holdings in Motorola Solutions were worth $257,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MSI. Raymond James Financial Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth about $1,528,949,000. Norges Bank bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. Arrowstreet Capital Limited Partnership raised its position in shares of 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 valued at $291,922,000 after purchasing an additional 484,727 shares during the period. Geode Capital Management LLC raised its position in shares of Motorola Solutions by 12.1% in the fourth 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 purchasing an additional 451,172 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its position in shares of Motorola Solutions by 209.3% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after purchasing an additional 378,462 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

NYSE MSI traded down $2.89 during trading on Friday, reaching $415.54. The company's stock had a trading volume of 3,176,673 shares, compared to its average volume of 803,357. 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 firm has a fifty day moving average of $421.18 and a 200 day moving average of $447.37. The stock has a market capitalization of $69.36 billion, a PE ratio of 45.07, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a one year low of $356.77 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data 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 net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the company posted $2.81 EPS. The business's quarterly revenue was up 5.8% on a year-over-year basis. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 36.39%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports 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 report on Friday, February 14th. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. reduced their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Barclays decreased 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. Finally, William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

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.