Artisan Partners Limited Partnership Has $75.29 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Artisan Partners Limited Partnership lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,873 shares of the communications equipment provider’s stock after purchasing an additional 961 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.10% of Motorola Solutions worth $75,285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MSI. Tradition Wealth Management LLC lifted its position in Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares during the period. Center for Financial Planning Inc. lifted its holdings in shares of 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 acquiring an additional 25 shares during the period. Prestige Wealth Management Group LLC lifted its holdings in shares of 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 acquiring an additional 25 shares during the period. Wesbanco Bank Inc. boosted its position in shares of Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock valued at $596,000 after acquiring an additional 26 shares in the last quarter. Finally, Premier Path Wealth Partners LLC increased its stake in Motorola Solutions by 1.6% in the fourth quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock valued at $769,000 after acquiring an additional 27 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Up 0.3 %

NYSE MSI opened at $432.71 on Friday. The stock’s 50 day simple moving average is $444.11 and its 200 day simple moving average is $459.34. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The firm has a market cap of $72.23 billion, a PE ratio of 46.93, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last announced its 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 the consensus estimate of $3 billion. As a group, sell-side 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. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of analyst reports. 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 note on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays lowered their price target 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Company 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.