Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Wedgewood Partners Inc.

Wedgewood Partners Inc. decreased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,490 shares of the communications equipment provider's stock after selling 2,619 shares during the period. Motorola Solutions makes up 5.1% of Wedgewood Partners Inc.'s investment portfolio, making the stock its 11th largest holding. Wedgewood Partners Inc.'s holdings in Motorola Solutions were worth $26,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSI. Vanguard Group Inc. grew its holdings in shares of Motorola Solutions by 1.5% during 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 in the last quarter. Geode Capital Management LLC grew its stake in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after buying an additional 451,172 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter worth $1,528,949,000. FMR LLC lifted its position in shares of Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock worth $1,400,980,000 after purchasing an additional 334,639 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Motorola Solutions during the fourth quarter worth $1,073,645,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock traded down $2.40 during trading hours on Friday, reaching $419.32. The company's stock had a trading volume of 563,169 shares, compared to its average volume of 789,134. The company's 50 day simple moving average is $421.59 and its 200 day simple moving average is $449.19. 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, Inc. has a one year low of $356.77 and a one year high of $507.82. The stock has a market cap of $69.99 billion, a P/E ratio of 45.48, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the firm posted $2.81 EPS. The company's revenue for the quarter was up 5.8% on a year-over-year basis. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSI. Morgan Stanley boosted their target price 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. reduced 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 report on Thursday, April 17th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday. Finally, Barclays reduced their target price on shares of 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 research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $513.25.

Motorola Solutions 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.