Redwood Investments LLC Has $2.14 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Redwood Investments LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 66.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,626 shares of the communications equipment provider's stock after selling 9,012 shares during the period. Redwood Investments LLC's holdings in Motorola Solutions were worth $2,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Quantinno Capital Management LP lifted its holdings in shares of Motorola Solutions by 16.0% during the 4th quarter. Quantinno Capital Management LP now owns 23,308 shares of the communications equipment provider's stock valued at $10,774,000 after purchasing an additional 3,217 shares in the last quarter. Pathstone Holdings LLC lifted its holdings in shares of Motorola Solutions by 4.7% during the 4th quarter. Pathstone Holdings LLC now owns 22,844 shares of the communications equipment provider's stock valued at $10,562,000 after purchasing an additional 1,029 shares in the last quarter. Mufg Securities Americas Inc. bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $1,140,000. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Motorola Solutions by 1.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 59,803 shares of the communications equipment provider's stock valued at $27,948,000 after purchasing an additional 1,127 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $2,893,000. Institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MSI. 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 research report on Thursday, April 17th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Wednesday. 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. Finally, Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Stock Performance

Shares of MSI stock traded down $1.65 during trading on Friday, reaching $423.93. 1,633,602 shares of the company's stock were exchanged, compared to its average volume of 784,933. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $70.76 billion, a PE ratio of 45.98, a PEG ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a twelve month low of $356.77 and a twelve month high of $507.82. The firm's fifty day moving average price is $421.05 and its 200-day moving average price is $450.27.

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, topping analysts' consensus estimates of $3.01 by $0.17. The business 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%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.81 EPS. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

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.