Redwood Investments LLC Has $2.14 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Redwood Investments LLC decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 66.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,626 shares of the communications equipment provider’s stock after selling 9,012 shares during the quarter. Redwood Investments LLC’s holdings in Motorola Solutions were worth $2,138,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the 4th quarter valued at $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions in the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. acquired a new stake in Motorola Solutions in the 4th quarter worth $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $414.81 on Thursday. The firm has a market cap of $69.24 billion, a P/E ratio of 44.99, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The firm’s 50-day simple moving average is $420.62 and its 200-day simple moving average is $450.75. Motorola Solutions, Inc. has a twelve month low of $356.77 and a twelve month high of $507.82. 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 announced its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 earnings per share. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were given a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. Motorola Solutions’s dividend payout ratio (DPR) is presently 36.39%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Barclays cut their price target on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a report on Monday, May 5th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $513.25.

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.