Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,554,252 shares of the communications equipment provider's stock after purchasing an additional 210,662 shares during the period. Nuveen Asset Management LLC owned 0.93% of Motorola Solutions worth $718,422,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Motorola Solutions Stock Down 0.4%

Motorola Solutions stock traded down $1.65 during trading on Friday, reaching $423.93. The stock had a trading volume of 1,633,602 shares, compared to its average volume of 783,489. Motorola Solutions, Inc. has a 52-week low of $356.77 and a 52-week high of $507.82. The business has a 50 day moving average price of $421.05 and a 200 day moving average price of $450.29. 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 cap of $70.76 billion, a PE ratio of 45.98, a P/E/G ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the firm earned $2.81 earnings per share. The firm's quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

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