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USS Investment Management Ltd Trims Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Motorola Solutions logo with Computer and Technology background

USS Investment Management Ltd lessened its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 11.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,260 shares of the communications equipment provider's stock after selling 3,857 shares during the quarter. USS Investment Management Ltd's holdings in Motorola Solutions were worth $13,988,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSI. Center for Financial Planning Inc. raised its position in Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after purchasing an additional 25 shares in the last quarter. Prestige Wealth Management Group LLC boosted its stake in Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after buying an additional 25 shares during the period. Wesbanco Bank Inc. lifted its position in Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock worth $596,000 after acquiring an additional 26 shares during the period. Finally, Clark Capital Management Group Inc. grew its position in Motorola Solutions by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after buying an additional 26 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

MSI opened at $423.03 on Wednesday. Motorola Solutions, Inc. has a 1-year low of $356.77 and a 1-year high of $507.82. The stock has a market cap of $70.61 billion, a P/E ratio of 45.88, a P/E/G ratio of 3.82 and a beta of 0.98. The stock's 50 day simple moving average is $421.47 and its 200 day simple moving average is $449.89. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results 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. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 earnings per share. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS 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. Shareholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Analyst Upgrades and Downgrades

MSI has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Finally, Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $513.25.

View Our Latest Report on MSI

About Motorola Solutions

(Free Report)

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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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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