2,467 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,467 shares of the communications equipment provider's stock, valued at approximately $1,140,000.

Several other hedge funds have also recently bought and sold shares of MSI. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $1,528,949,000. Norges Bank acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership lifted its position in Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after acquiring an additional 484,727 shares during the last quarter. Geode Capital Management LLC lifted its position in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after acquiring an additional 451,172 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in Motorola Solutions by 209.3% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock worth $258,528,000 after acquiring an additional 378,462 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Wednesday. Barclays lowered their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Finally, Morgan Stanley raised their target price 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Motorola Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Shares of MSI stock traded down $1.65 during trading hours on Friday, reaching $423.93. The company's stock had a trading volume of 1,633,602 shares, compared to its average volume of 784,933. The firm's 50 day simple moving average is $421.05 and its 200-day simple moving average is $450.27. The company has a market capitalization of $70.76 billion, a price-to-earnings ratio of 45.98, a PEG ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. 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 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 firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company's revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.81 earnings per share. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions's payout ratio is presently 36.39%.

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.