Mitsubishi UFJ Asset Management Co. Ltd. Has $122.48 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,196 shares of the communications equipment provider’s stock after purchasing an additional 24,694 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Motorola Solutions were worth $122,478,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Motorola Solutions during the fourth quarter valued at approximately $878,000. Murphy & Mullick Capital Management Corp bought a new stake in Motorola Solutions in the fourth quarter valued at $56,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in Motorola Solutions by 0.5% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 224,385 shares of the communications equipment provider’s stock worth $103,717,000 after acquiring an additional 1,146 shares in the last quarter. Prestige Wealth Management Group LLC lifted its holdings in shares of Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after acquiring an additional 25 shares during the period. Finally, Zions Bancorporation N.A. boosted its stake in shares of Motorola Solutions by 51.0% in the 4th quarter. Zions Bancorporation N.A. now owns 6,280 shares of the communications equipment provider’s stock valued at $2,903,000 after purchasing an additional 2,121 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Up 0.3 %

Shares of NYSE MSI opened at $432.71 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $72.23 billion, a PE ratio of 46.93, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The firm’s 50-day moving average is $444.11 and its 200-day moving average is $459.34. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced 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. This represents a $4.36 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Morgan Stanley lifted their price target 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. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.