Alliancebernstein L.P. Lowers Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Alliancebernstein L.P. reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,873,636 shares of the communications equipment provider’s stock after selling 242,799 shares during the quarter. Alliancebernstein L.P. owned about 1.72% of Motorola Solutions worth $1,328,281,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $32,000. Hazlett Burt & Watson Inc. raised its holdings in Motorola Solutions by 22.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after buying an additional 25 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Motorola Solutions by 8.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 34,021 shares of the communications equipment provider’s stock valued at $15,726,000 after buying an additional 2,753 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in Motorola Solutions by 4.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 14,472 shares of the communications equipment provider’s stock valued at $6,697,000 after buying an additional 587 shares in the last quarter. Finally, Schroder Investment Management Group grew its stake in Motorola Solutions by 19.7% during the fourth quarter. Schroder Investment Management Group now owns 799,208 shares of the communications equipment provider’s stock worth $369,418,000 after buying an additional 131,711 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

Shares of NYSE MSI opened at $433.38 on Monday. 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, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The stock’s 50-day simple moving average is $443.47 and its 200-day simple moving average is $459.62. The firm has a market cap of $72.35 billion, a price-to-earnings ratio of 47.00, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business 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 payout ratio is 47.29%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Barclays cut their price objective on 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 raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target 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.