Mercer Global Advisors Inc. ADV Has $16.95 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Mercer Global Advisors Inc. ADV grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,666 shares of the communications equipment provider's stock after acquiring an additional 923 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Motorola Solutions were worth $16,948,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Synergy Asset Management LLC bought a new position in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions during the 4th quarter worth $32,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

Motorola Solutions stock traded down $1.76 during mid-day trading on Monday, hitting $404.66. The company's stock had a trading volume of 1,156,958 shares, compared to its average volume of 774,056. The stock has a market capitalization of $67.56 billion, a P/E ratio of 43.89, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a twelve month low of $345.27 and a twelve month high of $507.82. The stock's fifty day moving average price is $422.77 and its two-hundred day moving average price is $453.26. The company has a quick ratio of 1.13, a current ratio of 1.28 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. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the business posted $2.81 earnings per share. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.08%. Motorola Solutions's dividend payout ratio is currently 47.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on MSI shares. StockNews.com cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Monday. JPMorgan Chase & Co. reduced their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, Barclays dropped their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Company 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.