Clearbridge Investments LLC Has $158.66 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Clearbridge Investments LLC lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 23.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 343,247 shares of the communications equipment provider’s stock after selling 102,312 shares during the quarter. Clearbridge Investments LLC owned approximately 0.21% of Motorola Solutions worth $158,659,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Barclays lowered their price target 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. Finally, Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Trading Up 0.2 %

Shares of NYSE:MSI opened at $433.38 on Monday. The stock has a market cap of $72.35 billion, a PE ratio of 47.00, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a quick ratio of 1.13, a current ratio of 1.28 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 business has a 50 day moving average of $443.47 and a 200-day moving average of $459.62.

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

Motorola Solutions Dividend Announcement

The firm 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 $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.