Vident Advisory LLC Has $11.58 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Vident Advisory LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 25,055 shares of the communications equipment provider's stock after acquiring an additional 1,491 shares during the period. Vident Advisory LLC's holdings in Motorola Solutions were worth $11,581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vivaldi Capital Management LP lifted its position in Motorola Solutions by 2.4% during the 4th quarter. Vivaldi Capital Management LP now owns 2,331 shares of the communications equipment provider's stock worth $1,092,000 after acquiring an additional 55 shares in the last quarter. Twinbeech Capital LP purchased a new stake in Motorola Solutions during the 4th quarter worth approximately $67,725,000. Two Sigma Advisers LP increased its holdings in Motorola Solutions by 9.4% during the 4th quarter. Two Sigma Advisers LP now owns 56,800 shares of the communications equipment provider's stock worth $26,255,000 after purchasing an additional 4,900 shares during the last quarter. Two Sigma Investments LP increased its holdings in Motorola Solutions by 5.4% during the 4th quarter. Two Sigma Investments LP now owns 234,752 shares of the communications equipment provider's stock worth $108,509,000 after purchasing an additional 11,947 shares during the last quarter. Finally, Tidal Investments LLC increased its holdings in Motorola Solutions by 1.1% during the 4th quarter. Tidal Investments LLC now owns 17,160 shares of the communications equipment provider's stock worth $7,932,000 after purchasing an additional 187 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday. Barclays dropped their target price 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. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. decreased their price target 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. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

MSI stock traded down $4.75 during trading hours on Thursday, hitting $421.69. 623,782 shares of the stock traded hands, compared to its average volume of 789,219. The stock has a 50-day simple moving average of $421.64 and a 200 day simple moving average of $449.73. Motorola Solutions, Inc. has a one year low of $356.77 and a one year high of $507.82. The company has a market cap of $70.39 billion, a P/E ratio of 45.74, a P/E/G ratio of 3.82 and a beta of 0.98. 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 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the business posted $2.81 earnings per share. The company's quarterly revenue was up 5.8% on a year-over-year basis. Equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio is currently 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.