Ninety One North America Inc. Has $15.84 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Ninety One North America Inc. trimmed its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 34,275 shares of the communications equipment provider’s stock after selling 1,458 shares during the period. Ninety One North America Inc.’s holdings in Motorola Solutions were worth $15,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares during the period. Mizuho Securities USA LLC increased its stake in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares during the period. Assenagon Asset Management S.A. increased its stake in Motorola Solutions by 477.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after acquiring an additional 257,727 shares during the period. State Street Corp increased its stake in Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the period. Finally, Barclays PLC increased its stake in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after acquiring an additional 165,353 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on MSI shares. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Morgan Stanley lifted their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Down 0.8 %

Shares of NYSE:MSI opened at $469.54 on Tuesday. The company has a market capitalization of $78.47 billion, a price-to-earnings ratio of 51.37, a P/E/G ratio of 3.45 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The business’s 50-day moving average is $472.39 and its 200-day moving average is $453.96. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.93%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

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.