TCW Group Inc. Has $35.30 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

TCW Group Inc. lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,751 shares of the communications equipment provider’s stock after selling 8,190 shares during the quarter. TCW Group Inc. owned 0.07% of Motorola Solutions worth $35,296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Norges Bank bought a new stake in Motorola Solutions in the fourth quarter valued at about $646,341,000. Alphinity Investment Management Pty Ltd bought a new stake in Motorola Solutions in the fourth quarter valued at about $339,283,000. Ameriprise Financial Inc. grew its stake in Motorola Solutions by 67.8% during the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after buying an additional 482,023 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new stake in Motorola Solutions during the third quarter worth about $77,388,000. Finally, International Assets Investment Management LLC grew its stake in Motorola Solutions by 1,208.6% during the fourth quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock worth $59,991,000 after buying an additional 176,968 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In related news, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the transaction, the senior vice president now owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the transaction, the senior vice president now owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The disclosure for this sale can be found here. Insiders sold 8,169 shares of company stock valued at $2,803,460 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MSI. Evercore ISI began coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Barclays upped their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Finally, William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $357.43.

Motorola Solutions Trading Down 2.1 %

NYSE MSI traded down $7.72 during trading hours on Thursday, hitting $363.35. The company’s stock had a trading volume of 563,057 shares, compared to its average volume of 660,418. The stock has a fifty day moving average of $350.70 and a 200 day moving average of $331.47. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $372.01. The firm has a market capitalization of $60.61 billion, a P/E ratio of 45.87, a PEG ratio of 3.25 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s dividend payout ratio is 48.45%.

Motorola Solutions Company 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.