Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,697 shares of the communications equipment provider’s stock after purchasing an additional 5,347 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.06% of Motorola Solutions worth $48,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $29,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

Shares of NYSE MSI opened at $433.38 on Friday. The company has a market capitalization of $72.35 billion, a P/E ratio of 47.00, a P/E/G ratio of 3.82 and a beta of 1.03. 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 company has a 50 day simple moving average of $443.47 and a 200-day simple moving average of $459.45. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

Several equities research 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 stock an “equal weight” rating in a research note on Friday, February 14th. Barclays lowered their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.