Sunbelt Securities Inc. Has $313,000 Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Sunbelt Securities Inc. grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 22,400.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 675 shares of the communications equipment provider's stock after purchasing an additional 672 shares during the period. Sunbelt Securities Inc.'s holdings in Motorola Solutions were worth $313,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. National Pension Service grew its stake in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares during the period. Union Bancaire Privee UBP SA acquired a new position in Motorola Solutions during the 4th quarter worth approximately $24,136,000. Proficio Capital Partners LLC increased its position in shares of Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock worth $145,884,000 after purchasing an additional 315,053 shares during the last quarter. Swedbank AB boosted its stake in shares of Motorola Solutions by 0.3% during the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider's stock worth $474,708,000 after acquiring an additional 3,040 shares during the period. Finally, Lecap Asset Management Ltd. acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $1,791,000. Institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on MSI. JPMorgan Chase & Co. decreased 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. Morgan Stanley upped their target price on 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 downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Barclays dropped their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Price Performance

Shares of MSI stock traded down $0.08 on Wednesday, reaching $420.36. 1,098,426 shares of the company were exchanged, compared to its average volume of 792,739. The business has a 50-day moving average price of $421.46 and a 200 day moving average price of $448.11. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $70.16 billion, a price-to-earnings ratio of 45.59, a P/E/G ratio of 3.82 and a beta of 0.98. 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 announced its quarterly earnings data 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 firm had revenue of $2.53 billion during 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 business's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 earnings per share. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business 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 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

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.