Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 500,272 shares of the communications equipment provider’s stock after selling 3,198 shares during the period. Hsbc Holdings PLC’s holdings in Motorola Solutions were worth $231,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MSI. Raymond James Financial Inc. purchased a new stake in Motorola Solutions in the fourth quarter valued at $1,528,949,000. Norges Bank purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Motorola Solutions by 330.1% in 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 acquiring an additional 484,727 shares during the period. Geode Capital Management LLC boosted its stake in Motorola Solutions by 12.1% during 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 Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock valued at $1,400,980,000 after purchasing an additional 334,639 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on MSI shares. 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. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. JPMorgan Chase & Co. reduced their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $515.25.

Motorola Solutions Trading Down 2.0 %

NYSE:MSI opened at $412.70 on Tuesday. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. 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 stock has a fifty day simple moving average of $424.17 and a 200-day simple moving average of $456.20. The company has a market capitalization of $68.91 billion, a PE ratio of 44.76, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last announced its earnings results 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 for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.06%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

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.