Ninety One North America Inc. Sells 1,458 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Ninety One North America Inc. lessened its stake in Motorola Solutions, Inc. (NYSE:MSI) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,275 shares of the communications equipment provider’s stock after selling 1,458 shares during the quarter. Ninety One North America Inc.’s holdings in Motorola Solutions were worth $15,843,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Synergy Asset Management LLC bought a new stake in Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions in the fourth quarter valued at about $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions in the third quarter worth about $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the third quarter worth about $32,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Stock Down 0.8 %

NYSE:MSI opened at $469.54 on Tuesday. The stock has a 50-day simple moving average of $472.39 and a 200 day simple moving average of $453.96. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company has a market cap of $78.47 billion, a PE ratio of 51.37, a PEG ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.93%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) 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.