Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,662 shares of the communications equipment provider’s stock after buying an additional 71 shares during the period. Citizens Financial Group Inc. RI’s holdings in Motorola Solutions were worth $3,542,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MSI. World Investment Advisors LLC increased its position in shares of Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares during the last quarter. Versor Investments LP purchased a new position in Motorola Solutions in the third quarter valued at $449,000. Groupama Asset Managment raised its stake in Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after buying an additional 46,731 shares in the last quarter. National Pension Service lifted its holdings in Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after buying an additional 87,722 shares during the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.9 %

Motorola Solutions stock opened at $412.10 on Wednesday. The stock has a 50 day moving average of $452.78 and a two-hundred day moving average of $460.78. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The stock has a market capitalization of $68.80 billion, a price-to-earnings ratio of 44.70, 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 (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid 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 dividend yield of 1.06%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

Analysts Set New Price Targets

MSI has been the subject of several recent analyst reports. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley upped 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. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Barclays dropped their price objective 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 issued a buy rating to the stock. According to data from MarketBeat.com, the stock 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.