Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,432,475 shares of the communications equipment provider’s stock after acquiring an additional 101,411 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Motorola Solutions were worth $662,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MSI. Barclays PLC boosted its holdings in shares of Motorola Solutions by 29.6% in the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after acquiring an additional 165,353 shares in the last quarter. Merit Financial Group LLC boosted its holdings in shares of Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock valued at $1,573,000 after acquiring an additional 712 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $1,388,000. UMB Bank n.a. boosted its holdings in shares of Motorola Solutions by 23.1% in the fourth quarter. UMB Bank n.a. now owns 814 shares of the communications equipment provider’s stock valued at $376,000 after acquiring an additional 153 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Motorola Solutions by 2.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 1,228 shares of the communications equipment provider’s stock valued at $567,000 after acquiring an additional 34 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Down 0.5%

MSI stock opened at $423.03 on Wednesday. Motorola Solutions, Inc. has a 12 month low of $356.77 and a 12 month high of $507.82. The firm has a market cap of $70.61 billion, a PE ratio of 45.88, a P/E/G ratio of 3.82 and a beta of 0.98. The firm has a 50 day simple moving average of $421.47 and a 200 day simple moving average of $449.89. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

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

Motorola Solutions Announces Dividend

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

Analysts Set New Price Targets

MSI has been the subject of several recent analyst reports. 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, May 5th. JPMorgan Chase & Co. decreased their price objective 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. Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.