Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 222,212 shares of the communications equipment provider’s stock after acquiring an additional 22,285 shares during the period. AQR Capital Management LLC owned approximately 0.13% of Motorola Solutions worth $102,713,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the fourth quarter worth approximately $1,528,949,000. Norges Bank bought a new stake in shares of Motorola Solutions during the 4th quarter worth $1,073,645,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock worth $291,922,000 after acquiring an additional 484,727 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Motorola Solutions by 12.1% during the fourth 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, Kovitz Investment Group Partners LLC lifted its holdings in shares of Motorola Solutions by 209.3% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider’s stock valued at $258,528,000 after purchasing an additional 378,462 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

MSI opened at $436.09 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The stock has a fifty day moving average price of $422.80 and a 200 day moving average price of $454.86. The stock has a market cap of $72.81 billion, a price-to-earnings ratio of 47.30, a PEG ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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 net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a dividend of $1.09 per share. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.00%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MSI shares. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Barclays cut their price target 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 shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. cut their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $515.25.

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.