Silvercrest Asset Management Group LLC Has $12.41 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Silvercrest Asset Management Group LLC lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 15.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,842 shares of the communications equipment provider’s stock after selling 5,011 shares during the quarter. Silvercrest Asset Management Group LLC’s holdings in Motorola Solutions were worth $12,407,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter valued at $1,528,949,000. Norges Bank acquired a new stake in Motorola Solutions during the fourth quarter valued at $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its position in Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after purchasing an additional 484,727 shares during the last quarter. Geode Capital Management LLC boosted its position in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in Motorola Solutions by 209.3% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider’s stock valued at $258,528,000 after purchasing an additional 378,462 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE MSI opened at $423.93 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. The stock’s 50-day moving average is $421.05 and its two-hundred day moving average is $450.27. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market cap of $70.76 billion, a P/E ratio of 45.98, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

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

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is presently 36.39%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Barclays reduced their price objective on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Morgan Stanley lifted 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. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Wednesday. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average price target 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.