AlphaQuest LLC Has $2.23 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

AlphaQuest LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 37.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,829 shares of the communications equipment provider’s stock after buying an additional 1,304 shares during the period. AlphaQuest LLC’s holdings in Motorola Solutions were worth $2,232,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Motorola Solutions in the 4th quarter worth about $1,528,949,000. Mizuho Securities USA LLC grew its holdings in shares of Motorola Solutions by 4,447.9% during the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after buying an additional 315,053 shares during the period. State Street Corp raised its holdings in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after buying an additional 198,183 shares during the last quarter. Finally, Barclays PLC boosted its position in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after buying an additional 165,353 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Barclays decreased their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. 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, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Performance

Shares of MSI opened at $422.99 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm’s fifty day simple moving average is $454.75 and its two-hundred day simple moving average is $460.73. Motorola Solutions, Inc. has a 12 month low of $329.70 and a 12 month high of $507.82. The stock 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 1.03.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.