Polar Asset Management Partners Inc. Lowers Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Polar Asset Management Partners Inc. cut its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,600 shares of the communications equipment provider’s stock after selling 500 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Motorola Solutions were worth $9,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Center for Financial Planning Inc. raised its position in Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after purchasing an additional 25 shares during the period. Prestige Wealth Management Group LLC grew its holdings in Motorola Solutions by 11.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after acquiring an additional 25 shares during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock worth $63,000 after acquiring an additional 25 shares during the last quarter. Wesbanco Bank Inc. grew its holdings in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after acquiring an additional 26 shares during the last quarter. Finally, Clark Capital Management Group Inc. grew its holdings in Motorola Solutions by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $424.91 on Friday. 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 firm has a fifty day moving average price of $420.81 and a 200-day moving average price of $450.53. Motorola Solutions, Inc. has a 1 year low of $356.77 and a 1 year high of $507.82. The stock has a market cap of $70.92 billion, a PE ratio of 46.09, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the business earned $2.81 earnings per share. Motorola Solutions’s revenue for the quarter was up 5.8% on a year-over-year basis. Equities analysts anticipate 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. Investors of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 36.39%.

Analyst Ratings Changes

Several equities analysts recently issued reports on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays reduced their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. dropped their price objective 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 investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.