Charles Schwab Investment Management Inc. Grows Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Charles Schwab Investment Management Inc. grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 855,016 shares of the communications equipment provider’s stock after buying an additional 13,027 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.52% of Motorola Solutions worth $267,697,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MSI. Alphinity Investment Management Pty Ltd purchased a new position in shares of Motorola Solutions during the 4th quarter valued at approximately $339,283,000. Ameriprise Financial Inc. boosted its stake in shares of Motorola Solutions by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after buying an additional 482,023 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $77,388,000. International Assets Investment Management LLC boosted its stake in shares of Motorola Solutions by 1,208.6% during the 4th quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock valued at $59,991,000 after buying an additional 176,968 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Motorola Solutions by 61.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock valued at $90,846,000 after buying an additional 126,517 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Trading Up 0.2 %

Shares of MSI stock opened at $359.02 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $361.68. The stock has a market capitalization of $59.88 billion, a P/E ratio of 44.38, a P/E/G ratio of 3.27 and a beta of 0.91. The stock has a 50-day simple moving average of $344.39 and a 200 day simple moving average of $325.32.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter last year, the company posted $3.38 EPS. Motorola Solutions’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s payout ratio is presently 48.45%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MSI shares. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a research report on Monday. Barclays upped their price target on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. JPMorgan Chase & Co. upped their price target on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Finally, Evercore ISI began coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $357.43.

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.