Price T Rowe Associates Inc. MD Lowers Position in Motorola Solutions, Inc. (NYSE:MSI)

Price T Rowe Associates Inc. MD lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 664,185 shares of the communications equipment provider's stock after selling 41,729 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.40% of Motorola Solutions worth $307,007,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions in the 4th quarter worth about $30,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions during the 4th quarter valued at approximately $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

MSI traded up $1.39 during trading on Thursday, reaching $441.78. The stock had a trading volume of 204,745 shares, compared to its average volume of 768,455. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market cap of $73.76 billion, a PE ratio of 47.92, a PEG ratio of 3.82 and a beta of 0.94. The business has a 50-day moving average of $423.19 and a 200-day moving average of $454.77. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3 billion. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 0.99%. Motorola Solutions's dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

MSI has been the subject of a number of research reports. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. decreased their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $515.25.

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.