WINTON GROUP Ltd Lowers Position in Motorola Solutions, Inc. (NYSE:MSI)

WINTON GROUP Ltd lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 88.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 635 shares of the communications equipment provider’s stock after selling 4,722 shares during the period. WINTON GROUP Ltd’s holdings in Motorola Solutions were worth $294,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MSI. Raymond James Financial Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at $1,528,949,000. Proficio Capital Partners LLC lifted its stake in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after purchasing an additional 315,053 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Motorola Solutions by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after purchasing an additional 310,919 shares in the last quarter. State Street Corp grew its holdings in shares of 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 purchasing an additional 198,183 shares during the period. Finally, Barclays PLC increased its position 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 purchasing an additional 165,353 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

MSI has been the subject of several research reports. Morgan Stanley boosted 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 note on Friday, February 14th. Barclays lowered 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. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Up 0.2 %

Shares of NYSE MSI opened at $433.38 on Monday. The firm has a market cap of $72.35 billion, a price-to-earnings ratio of 47.00, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock’s 50-day simple moving average is $443.47 and its 200-day simple moving average is $459.62.

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

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.