Swiss National Bank Sells 23,700 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Swiss National Bank lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 471,343 shares of the communications equipment provider’s stock after selling 23,700 shares during the period. Swiss National Bank owned approximately 0.28% of Motorola Solutions worth $217,869,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the fourth quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at approximately $29,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $30,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.3 %

Shares of NYSE MSI opened at $413.97 on Friday. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 44.90, a PEG ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The stock has a 50-day moving average price of $450.90 and a two-hundred day moving average price of $460.12.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data 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 return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. As a group, analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley upped 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. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Barclays dropped their target price 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

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.