70 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 70 shares of the communications equipment provider’s stock, valued at approximately $32,000.

Other large investors also recently bought and sold shares of the company. D.A. Davidson & CO. raised its holdings in Motorola Solutions by 13.0% in the 3rd quarter. D.A. Davidson & CO. now owns 1,245 shares of the communications equipment provider’s stock worth $560,000 after purchasing an additional 143 shares during the period. Public Sector Pension Investment Board raised its stake in shares of Motorola Solutions by 14.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider’s stock worth $3,279,000 after buying an additional 900 shares during the period. Rockefeller Capital Management L.P. purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $6,169,000. Centiva Capital LP acquired a new stake in Motorola Solutions in the 3rd quarter valued at $330,000. Finally, Hilltop Holdings Inc. increased its holdings in Motorola Solutions by 131.5% in the 3rd quarter. Hilltop Holdings Inc. now owns 2,422 shares of the communications equipment provider’s stock worth $1,089,000 after acquiring an additional 1,376 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on MSI shares. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Morgan Stanley increased their price objective 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. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Up 0.3 %

NYSE MSI opened at $437.48 on Thursday. The business’s fifty day simple moving average is $441.61 and its 200-day simple moving average is $459.41. 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 firm has a market cap of $73.03 billion, a PE ratio of 47.45, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its 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 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, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.00%. 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.