Motorola Solutions, Inc. (NYSE:MSI) Stake Raised by State of Wyoming

State of Wyoming raised its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 242.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 811 shares of the communications equipment provider’s stock after acquiring an additional 574 shares during the period. State of Wyoming’s holdings in Motorola Solutions were worth $375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSI. Barclays PLC lifted its holdings in Motorola Solutions by 29.6% in the 3rd 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 during the last quarter. Merit Financial Group LLC lifted its holdings in Motorola Solutions by 26.4% in the 4th 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 during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Motorola Solutions in the 4th quarter valued at about $1,388,000. UMB Bank n.a. lifted its holdings in Motorola Solutions by 23.1% in the 4th 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 during the last quarter. Finally, Koshinski Asset Management Inc. lifted its holdings in Motorola Solutions by 2.8% in the 4th 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 during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target 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. Barclays dropped their price target on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. Finally, Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $513.25.

Motorola Solutions Price Performance

Shares of MSI opened at $423.03 on Wednesday. The company has a market capitalization of $70.61 billion, a price-to-earnings ratio of 45.88, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. 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 business’s 50-day moving average is $421.47 and its 200-day moving average is $449.89.

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, beating analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 EPS. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS 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. 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 dividend payout ratio is 36.39%.

Motorola Solutions Company 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.