Candriam S.C.A. Raises Position in Motorola Solutions, Inc. (NYSE:MSI)

Candriam S.C.A. raised its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,802 shares of the communications equipment provider’s stock after buying an additional 255 shares during the period. Candriam S.C.A.’s holdings in Motorola Solutions were worth $5,455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Tradition Wealth Management LLC boosted its position in Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after buying an additional 21 shares during the period. Omnia Family Wealth LLC lifted its position in shares of Motorola Solutions by 2.2% during the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares during the last quarter. Center for Financial Planning Inc. lifted its position in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after purchasing an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI opened at $422.99 on Friday. Motorola Solutions, Inc. has a 1-year low of $329.70 and a 1-year high of $507.82. The stock has a market cap of $70.61 billion, a PE ratio of 45.88, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. 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 $454.75 and a 200 day moving average price of $460.73.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.