Nomura Asset Management Co. Ltd. Lowers Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Nomura Asset Management Co. Ltd. trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,992 shares of the communications equipment provider’s stock after selling 24,918 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.13% of Motorola Solutions worth $98,914,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MSI. New Age Alpha Advisors LLC raised its position in Motorola Solutions by 53,861.9% in the fourth quarter. New Age Alpha Advisors LLC now owns 22,664 shares of the communications equipment provider’s stock worth $10,476,000 after acquiring an additional 22,622 shares in the last quarter. Norges Bank acquired a new position in shares of Motorola Solutions during the 4th quarter worth $1,073,645,000. Blair William & Co. IL increased its holdings in shares of Motorola Solutions by 3.9% in the 4th quarter. Blair William & Co. IL now owns 203,478 shares of the communications equipment provider’s stock valued at $94,054,000 after purchasing an additional 7,701 shares in the last quarter. NEOS Investment Management LLC lifted its stake in shares of Motorola Solutions by 25.6% in the fourth quarter. NEOS Investment Management LLC now owns 6,075 shares of the communications equipment provider’s stock valued at $2,808,000 after purchasing an additional 1,238 shares during the period. Finally, UniSuper Management Pty Ltd lifted its stake in shares of Motorola Solutions by 6.6% in the fourth quarter. UniSuper Management Pty Ltd now owns 32,327 shares of the communications equipment provider’s stock valued at $14,943,000 after purchasing an additional 2,007 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $432.71 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a market capitalization of $72.23 billion, a price-to-earnings ratio of 46.93, a PEG ratio of 3.82 and a beta of 1.03. The stock has a fifty day moving average of $444.11 and a two-hundred day moving average of $459.34. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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). 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 analysts’ expectations of $3 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced 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 of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSI. Morgan Stanley increased their target price 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 research note on Tuesday, February 18th. Finally, Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.