Motorola Solutions Inc (MSI) Shares Bought by Acadian Asset Management LLC

Acadian Asset Management LLC grew its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 154.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 200,884 shares of the communications equipment provider’s stock after purchasing an additional 121,877 shares during the period. Acadian Asset Management LLC owned approximately 0.12% of Motorola Solutions worth $18,147,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. WINTON GROUP Ltd increased its holdings in shares of Motorola Solutions by 51.9% during the second quarter. WINTON GROUP Ltd now owns 164,129 shares of the communications equipment provider’s stock valued at $14,237,000 after purchasing an additional 56,105 shares during the period. Cubist Systematic Strategies LLC increased its holdings in shares of Motorola Solutions by 60.5% during the third quarter. Cubist Systematic Strategies LLC now owns 11,919 shares of the communications equipment provider’s stock valued at $1,012,000 after purchasing an additional 4,495 shares during the period. Swiss National Bank increased its holdings in shares of Motorola Solutions by 0.3% during the third quarter. Swiss National Bank now owns 809,178 shares of the communications equipment provider’s stock valued at $68,675,000 after purchasing an additional 2,600 shares during the period. Handelsbanken Fonder AB acquired a new position in shares of Motorola Solutions during the third quarter valued at $424,000. Finally, State of Wisconsin Investment Board increased its holdings in shares of Motorola Solutions by 135.8% during the third quarter. State of Wisconsin Investment Board now owns 63,201 shares of the communications equipment provider’s stock valued at $5,364,000 after purchasing an additional 36,400 shares during the period. 87.81% of the stock is currently owned by institutional investors.

Motorola Solutions Inc (NYSE MSI) opened at $97.80 on Monday. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16. Motorola Solutions Inc has a 1 year low of $76.92 and a 1 year high of $98.27. The firm has a market capitalization of $15,840.00, a price-to-earnings ratio of 25.01, a P/E/G ratio of 4.05 and a beta of 0.35.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.13. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the company posted $1.37 EPS. Motorola Solutions’s revenue for the quarter was up 7.4% on a year-over-year basis. research analysts expect that Motorola Solutions Inc will post 5.14 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were given a $0.52 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date was Thursday, December 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.13%. Motorola Solutions’s dividend payout ratio (DPR) is 53.20%.

In related news, EVP Mark S. Hacker sold 7,411 shares of the stock in a transaction on Friday, January 12th. The stock was sold at an average price of $95.00, for a total value of $704,045.00. Following the completion of the transaction, the executive vice president now owns 16,396 shares in the company, valued at approximately $1,557,620. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $15.00, for a total value of $14,246,685.00. The disclosure for this sale can be found here. Insiders sold a total of 1,336,176 shares of company stock valued at $49,961,105 in the last quarter. 2.50% of the stock is currently owned by corporate insiders.

MSI has been the topic of a number of research analyst reports. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, January 8th. ValuEngine lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Cleveland Research raised Motorola Solutions from a “neutral” rating to a “buy” rating in a report on Friday, October 6th. Deutsche Bank raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a report on Friday, January 12th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $105.00 target price on shares of Motorola Solutions in a report on Friday, October 6th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $95.50.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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