Motorola Solutions, Inc. (NYSE:MSI) Holdings Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 16.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,308 shares of the communications equipment provider's stock after purchasing an additional 3,217 shares during the period. Quantinno Capital Management LP's holdings in Motorola Solutions were worth $10,774,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Center for Financial Planning Inc. boosted its position in Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock worth $2,337,000 after purchasing an additional 25 shares during the period. Prestige Wealth Management Group LLC boosted its position in Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc. boosted its position in Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after purchasing an additional 25 shares during the period. Wesbanco Bank Inc. boosted its position in Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock worth $596,000 after purchasing an additional 26 shares during the period. Finally, Clark Capital Management Group Inc. boosted its position in Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock worth $294,000 after purchasing an additional 26 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 0.4%

Shares of MSI stock traded down $1.65 during trading hours on Friday, hitting $423.93. 1,633,602 shares of the company were exchanged, compared to its average volume of 784,933. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a one year low of $356.77 and a one year high of $507.82. The business's 50-day simple moving average is $421.05 and its two-hundred day simple moving average is $450.27. The stock has a market capitalization of $70.76 billion, a price-to-earnings 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 EPS for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the company posted $2.81 earnings per share. The company's quarterly revenue was up 5.8% compared to the same quarter last year. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions's dividend payout ratio is currently 36.39%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research reports. JPMorgan Chase & Co. decreased 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 report on Thursday, April 17th. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, Barclays lowered their target price on 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 research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $513.25.

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.