Amundi Has $980.11 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Amundi lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,118,261 shares of the communications equipment provider’s stock after selling 423,278 shares during the period. Amundi owned 1.27% of Motorola Solutions worth $980,110,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter valued at approximately $29,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Motorola Solutions during the fourth quarter worth $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. 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 report on Tuesday, November 26th. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. 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 report on Friday, February 14th. Finally, Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Down 0.1 %

MSI opened at $422.99 on Friday. The company has a fifty day moving average price of $454.75 and a two-hundred day moving average price of $460.49. Motorola Solutions, Inc. has a 1-year low of $329.70 and a 1-year high of $507.82. The company has a market cap of $70.61 billion, a P/E ratio of 45.88, a price-to-earnings-growth 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 announced its quarterly earnings data 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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued 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 1.03%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.