Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,803 shares of the communications equipment provider’s stock after purchasing an additional 1,127 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Motorola Solutions were worth $27,948,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Center for Financial Planning Inc. raised its stake in shares of Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares during the period. Prestige Wealth Management Group LLC raised its stake in shares of Motorola Solutions by 11.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after acquiring an additional 25 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after acquiring an additional 25 shares during the period. Wesbanco Bank Inc. raised its stake in shares of Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock valued at $596,000 after acquiring an additional 26 shares during the period. Finally, Clark Capital Management Group Inc. increased its stake in Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 26 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Barclays dropped their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, May 5th. JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Finally, Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $513.25.

Motorola Solutions Trading Up 0.1%

Motorola Solutions stock opened at $413.22 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a 50-day moving average price of $420.78 and a two-hundred day moving average price of $451.00. The firm has a market capitalization of $68.97 billion, a price-to-earnings ratio of 44.82, a PEG ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 52-week low of $356.77 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.81 EPS. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 36.39%.

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.