BI Asset Management Fondsmaeglerselskab A S Sells 7,838 Shares of Motorola Solutions, Inc. (NYSE:MSI)

BI Asset Management Fondsmaeglerselskab A S lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 44.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,930 shares of the communications equipment provider’s stock after selling 7,838 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Motorola Solutions were worth $4,590,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MSI. Raymond James Financial Inc. bought a new position in shares of Motorola Solutions in the fourth quarter worth $1,528,949,000. Norges Bank purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $1,073,645,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after buying an additional 484,727 shares during the last quarter. Geode Capital Management LLC increased its stake in Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock worth $1,933,360,000 after purchasing an additional 451,172 shares during the period. Finally, FMR LLC increased its stake in shares of Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after buying an additional 334,639 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on MSI shares. Barclays decreased their price objective 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. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. reduced their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $515.25.

Motorola Solutions Stock Up 0.0 %

Shares of Motorola Solutions stock opened at $420.59 on Monday. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a 50-day moving average of $425.25 and a 200 day moving average of $456.47. The firm has a market cap of $70.22 billion, a price-to-earnings ratio of 45.62, a PEG ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last released 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 company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. Motorola Solutions’s dividend payout ratio is presently 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.