OMERS ADMINISTRATION Corp Has $4.64 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

OMERS ADMINISTRATION Corp decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,039 shares of the communications equipment provider's stock after selling 703 shares during the period. OMERS ADMINISTRATION Corp's holdings in Motorola Solutions were worth $4,640,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of MSI. Vanguard Group Inc. increased its position in Motorola Solutions by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after purchasing an additional 310,919 shares in the last quarter. Geode Capital Management LLC boosted its stake 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 in the last quarter. Raymond James Financial Inc. bought a new position in shares of Motorola Solutions in the fourth quarter valued at $1,528,949,000. FMR LLC lifted its stake in shares of Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after buying an additional 334,639 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Motorola Solutions during the fourth quarter valued at about $1,073,645,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.4%

Shares of MSI stock traded up $1.71 during trading on Monday, reaching $425.89. The company's stock had a trading volume of 235,862 shares, compared to its average volume of 782,753. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1-year low of $356.77 and a 1-year high of $507.82. The company has a market capitalization of $71.09 billion, a price-to-earnings ratio of 46.19, a P/E/G ratio of 3.82 and a beta of 0.98. The stock's 50-day moving average price is $421.05 and its 200 day moving average price is $450.28.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data 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. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the company posted $2.81 earnings per share. Motorola Solutions's quarterly revenue was up 5.8% on a year-over-year basis. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued 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 1.02%. Motorola Solutions's dividend payout ratio is presently 36.39%.

Wall Street Analyst Weigh In

MSI has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. JPMorgan Chase & Co. cut their price target 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. 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 report on Monday, May 5th. One investment analyst has rated the stock with a hold rating and eight have assigned 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 $513.25.

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.