Two Sigma Investments LP Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Two Sigma Investments LP lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 234,752 shares of the communications equipment provider's stock after acquiring an additional 11,947 shares during the quarter. Two Sigma Investments LP owned approximately 0.14% of Motorola Solutions worth $108,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions during the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 0.6%

Motorola Solutions stock traded down $2.40 during trading on Friday, hitting $419.32. 399,366 shares of the company were exchanged, compared to its average volume of 788,312. The company has a market capitalization of $69.99 billion, a P/E ratio of 45.48, a PEG ratio of 3.82 and a beta of 0.98. The business's 50 day moving average is $421.64 and its 200 day moving average is $449.48. Motorola Solutions, Inc. has a 52 week low of $356.77 and a 52 week high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 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 EPS 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 company 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 posted $2.81 earnings per share. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 1.04%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's payout ratio is 36.39%.

Analyst Ratings Changes

Several brokerages recently issued reports on MSI. JPMorgan Chase & Co. cut their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Barclays reduced 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. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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.