Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,212 shares of the communications equipment provider's stock after buying an additional 22,285 shares during the quarter. AQR Capital Management LLC owned about 0.13% of Motorola Solutions worth $102,713,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. World Investment Advisors LLC boosted its stake in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after buying an additional 35,071 shares during the last quarter. National Pension Service raised its position in shares of Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after purchasing an additional 87,722 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $33,423,000. Merit Financial Group LLC boosted its stake in Motorola Solutions by 26.4% during the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after purchasing an additional 712 shares during the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in Motorola Solutions during the 4th quarter valued at about $24,136,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

MSI has been the subject of several recent analyst reports. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. 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 note on Friday, February 14th. Finally, JPMorgan Chase & Co. dropped their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $515.25.

Motorola Solutions Trading Down 1.0 %

Motorola Solutions stock traded down $3.92 during midday trading on Monday, reaching $402.50. The stock had a trading volume of 379,332 shares, compared to its average volume of 771,002. The stock's 50-day simple moving average is $423.19 and its 200 day simple moving average is $453.75. The stock has a market capitalization of $67.20 billion, a PE ratio of 43.74, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. 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 twelve month low of $345.27 and a twelve month high of $507.82.

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

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given 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 (DPR) is 47.29%.

About Motorola Solutions

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.