Allspring Global Investments Holdings LLC Has $138.54 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Allspring Global Investments Holdings LLC reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 442,504 shares of the communications equipment provider's stock after selling 7,173 shares during the period. Allspring Global Investments Holdings LLC owned 0.27% of Motorola Solutions worth $138,543,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. E&G Advisors LP acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $219,000. International Assets Investment Management LLC lifted its position in Motorola Solutions by 1,208.6% during the fourth quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider's stock valued at $59,991,000 after buying an additional 176,968 shares in the last quarter. Valley National Advisers Inc. lifted its position in Motorola Solutions by 21.3% during the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider's stock valued at $58,000 after buying an additional 33 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its position in Motorola Solutions by 1.8% during the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 13,288 shares of the communications equipment provider's stock valued at $4,160,000 after buying an additional 235 shares in the last quarter. Finally, BSW Wealth Partners acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $226,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $0.93 during trading hours on Tuesday, hitting $352.96. 403,576 shares of the company's stock traded hands, compared to its average volume of 624,232. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. The company's fifty day simple moving average is $336.61 and its two-hundred day simple moving average is $316.29. The company has a market cap of $58.63 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 3.25 and a beta of 0.90.

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 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 company had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter last year, the firm posted $3.38 EPS. The business's revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company's stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Evercore ISI initiated coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an "outperform" rating and a $400.00 price target on the stock. Barclays lifted their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an "overweight" rating in a research note 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. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They set a "buy" rating and a $350.00 price objective on the stock. Finally, William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $337.25.

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.