Geode Capital Management LLC Has $1.93 Billion Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Geode Capital Management LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,187,217 shares of the communications equipment provider’s stock after acquiring an additional 451,172 shares during the period. Geode Capital Management LLC owned about 2.51% of Motorola Solutions worth $1,933,360,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. D.A. Davidson & CO. lifted its holdings in shares of Motorola Solutions by 13.0% in the third quarter. D.A. Davidson & CO. now owns 1,245 shares of the communications equipment provider’s stock valued at $560,000 after purchasing an additional 143 shares in the last quarter. Public Sector Pension Investment Board increased its position in Motorola Solutions by 14.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider’s stock worth $3,279,000 after purchasing an additional 900 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $6,169,000. Verition Fund Management LLC grew its stake in shares of Motorola Solutions by 136.3% in the 3rd quarter. Verition Fund Management LLC now owns 10,904 shares of the communications equipment provider’s stock valued at $4,903,000 after buying an additional 6,289 shares in the last quarter. Finally, Tradition Wealth Management LLC grew its stake in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after buying an additional 21 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

MSI opened at $438.07 on Tuesday. The stock’s 50 day moving average price is $442.93 and its two-hundred day moving average price is $459.61. The firm has a market capitalization of $73.13 billion, a P/E ratio of 47.51, a price-to-earnings-growth 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.

Motorola Solutions (NYSE:MSI) last posted 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). 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 during the quarter, compared to analyst estimates of $3 billion. On average, equities 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. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus 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.