Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,491,548 shares of the communications equipment provider’s stock after selling 115,464 shares during the quarter. Deutsche Bank AG’s holdings in Motorola Solutions were worth $689,438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions in the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions during the 4th quarter worth $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $415.35 on Thursday. 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 market cap of $69.35 billion, a P/E ratio of 45.05, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a fifty-two week low of $356.30 and a fifty-two week high of $507.82. The firm’s 50 day simple moving average is $421.92 and its 200-day simple moving average is $452.72.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

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 $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. Motorola Solutions’s dividend payout ratio is currently 36.39%.

Analyst Upgrades and Downgrades

MSI has been the topic of a number of analyst reports. StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. JPMorgan Chase & Co. reduced their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Morgan Stanley upped their target price 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. Finally, Barclays decreased their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a report on Monday. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $513.25.

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.