Shell Asset Management Co. Acquires 3,453 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Shell Asset Management Co. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 196.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,208 shares of the communications equipment provider's stock after purchasing an additional 3,453 shares during the quarter. Shell Asset Management Co.'s holdings in Motorola Solutions were worth $2,407,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

NYSE:MSI traded down $2.26 on Tuesday, reaching $423.03. The stock had a trading volume of 653,024 shares, compared to its average volume of 786,328. The company has a market capitalization of $70.61 billion, a P/E ratio of 45.88, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 1-year low of $356.77 and a 1-year high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a fifty day moving average price of $421.29 and a 200-day moving average price of $450.08.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business earned $2.81 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. JPMorgan Chase & Co. decreased their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Barclays decreased their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Finally, Morgan Stanley raised 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 report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target 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.