Royal London Asset Management Ltd. Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Royal London Asset Management Ltd. increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 7.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,723 shares of the communications equipment provider’s stock after purchasing an additional 5,760 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Motorola Solutions were worth $38,237,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $29,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $30,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on MSI shares. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Down 0.5 %

Motorola Solutions stock opened at $422.10 on Friday. The stock has a market cap of $70.46 billion, a P/E ratio of 45.78, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The firm’s fifty day moving average price is $447.09 and its 200-day moving average price is $459.64. 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 (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

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.