International Assets Investment Management LLC Has $59.99 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

International Assets Investment Management LLC raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1,208.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 191,611 shares of the communications equipment provider's stock after buying an additional 176,968 shares during the quarter. International Assets Investment Management LLC owned about 0.12% of Motorola Solutions worth $59,991,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MSI. Qube Research & Technologies Ltd boosted its stake in shares of Motorola Solutions by 61.1% in the third quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider's stock worth $90,846,000 after acquiring an additional 126,517 shares during the period. Sherbrooke Park Advisers LLC grew its stake in Motorola Solutions by 224.3% in the third quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider's stock worth $1,059,000 after purchasing an additional 2,691 shares in the last quarter. Sei Investments Co. boosted its position in Motorola Solutions by 9.8% during the 3rd quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider's stock valued at $20,353,000 after acquiring an additional 6,671 shares in the last quarter. Diversified Trust Co boosted its position in Motorola Solutions by 4.2% during the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider's stock valued at $1,254,000 after acquiring an additional 162 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Motorola Solutions by 73.8% in the 4th quarter. Pacer Advisors Inc. now owns 24,325 shares of the communications equipment provider's stock worth $7,616,000 after purchasing an additional 10,329 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company's stock, valued at $2,961,229.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.26% of the company's stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded down $0.27 on Monday, hitting $352.03. The company had a trading volume of 393,702 shares, compared to its average volume of 627,515. The business has a 50-day simple moving average of $335.60 and a 200-day simple moving average of $315.25. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The company has a market cap of $58.48 billion, a PE ratio of 35.60, a PEG ratio of 3.25 and a beta of 0.90. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion during the quarter, compared to analysts' expectations of $2.82 billion. During the same period last year, the firm posted $3.38 earnings per share. The business's revenue was up 5.2% on a year-over-year basis. Research analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.11%. The ex-dividend date is Thursday, March 14th. Motorola Solutions's dividend payout ratio is presently 39.48%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MSI. Evercore ISI initiated coverage on Motorola Solutions in a research note on Monday, March 25th. They set an "outperform" rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a research report on Friday, January 19th. They issued a "buy" rating and a $350.00 target price on the stock. Barclays upped their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 2nd. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Monday, February 12th. Finally, William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $337.25.

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.