Meiji Yasuda Asset Management Co Ltd. Decreases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Meiji Yasuda Asset Management Co Ltd. lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 28.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,935 shares of the communications equipment provider’s stock after selling 2,398 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Motorola Solutions were worth $2,743,000 as of its most recent filing with the Securities & Exchange Commission.

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 purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter valued at approximately $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent research reports. 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. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Performance

NYSE:MSI opened at $429.18 on Wednesday. The company’s 50-day moving average is $445.27 and its two-hundred day moving average is $459.73. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. 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 capitalization of $71.65 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last posted its earnings results 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions’s payout ratio is currently 47.29%.

Motorola Solutions 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.