Snowden Capital Advisors LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Snowden Capital Advisors LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 217.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,711 shares of the communications equipment provider’s stock after acquiring an additional 5,971 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Motorola Solutions were worth $4,036,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Shell Asset Management Co. increased its holdings in shares of Motorola Solutions by 196.8% during the 4th quarter. Shell Asset Management Co. now owns 5,208 shares of the communications equipment provider’s stock worth $2,407,000 after buying an additional 3,453 shares during the last quarter. Sherbrooke Park Advisers LLC increased its holdings in shares of Motorola Solutions by 89.3% during the 4th quarter. Sherbrooke Park Advisers LLC now owns 2,931 shares of the communications equipment provider’s stock worth $1,355,000 after buying an additional 1,383 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Motorola Solutions by 15.0% during the 4th quarter. Royal Bank of Canada now owns 732,995 shares of the communications equipment provider’s stock worth $338,812,000 after buying an additional 95,489 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $95,102,000. Finally, Quantinno Capital Management LP increased its holdings in shares of Motorola Solutions by 16.0% during the 4th quarter. Quantinno Capital Management LP now owns 23,308 shares of the communications equipment provider’s stock worth $10,774,000 after buying an additional 3,217 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI opened at $423.93 on Friday. 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 $70.76 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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 $421.05 and a 200 day moving average price of $450.29.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating 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 analysts’ expectations of $2.52 billion. During the same period in the previous year, the company earned $2.81 earnings per share. Motorola Solutions’s quarterly revenue was up 5.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is 36.39%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Barclays cut their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a report on Monday, May 5th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $513.25.

Motorola Solutions 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.