Siemens Fonds Invest GmbH Sells 4,702 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Siemens Fonds Invest GmbH reduced its stake in Motorola Solutions, Inc. (NYSE:MSI) by 72.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,821 shares of the communications equipment provider’s stock after selling 4,702 shares during the period. Siemens Fonds Invest GmbH’s holdings in Motorola Solutions were worth $842,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MSI. Shell Asset Management Co. boosted its holdings in Motorola Solutions by 196.8% in the fourth quarter. Shell Asset Management Co. now owns 5,208 shares of the communications equipment provider’s stock worth $2,407,000 after purchasing an additional 3,453 shares during the last quarter. Sherbrooke Park Advisers LLC increased its stake in shares of Motorola Solutions by 89.3% in the fourth quarter. Sherbrooke Park Advisers LLC now owns 2,931 shares of the communications equipment provider’s stock worth $1,355,000 after purchasing an additional 1,383 shares in the last quarter. Royal Bank of Canada raised its stake in 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 valued at $338,812,000 after purchasing an additional 95,489 shares during the period. Raiffeisen Bank International AG bought a new stake in Motorola Solutions in the 4th quarter valued at $95,102,000. Finally, Quantinno Capital Management LP lifted its position in shares of Motorola Solutions by 16.0% in the fourth 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 in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 0.4%

NYSE MSI opened at $423.93 on Friday. Motorola Solutions, Inc. has a 52 week low of $356.77 and a 52 week high of $507.82. The company has a 50 day moving average price of $421.05 and a 200 day moving average price of $450.27. 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 firm 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.

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

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is presently 36.39%.

Analysts Set New Price Targets

A number of research firms recently issued reports on MSI. Barclays decreased 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 note on Monday, May 5th. JPMorgan Chase & Co. dropped their price objective 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 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, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday. One equities research 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, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.