Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 66.7% in the fourth quarter, Holdings Channel reports. The fund owned 698,816 shares of the communications equipment provider’s stock after purchasing an additional 279,655 shares during the period. Janus Henderson Group PLC’s holdings in Motorola Solutions were worth $323,020,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Guardian Wealth Advisors LLC NC acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $209,000. Gotham Asset Management LLC lifted its position in Motorola Solutions by 43.4% during the 4th quarter. Gotham Asset Management LLC now owns 9,063 shares of the communications equipment provider’s stock worth $4,189,000 after acquiring an additional 2,744 shares during the period. Focus Partners Wealth lifted its position in Motorola Solutions by 73.3% during the 4th quarter. Focus Partners Wealth now owns 8,238 shares of the communications equipment provider’s stock worth $3,848,000 after acquiring an additional 3,485 shares during the period. Ethic Inc. lifted its position in Motorola Solutions by 17.1% during the 4th quarter. Ethic Inc. now owns 16,288 shares of the communications equipment provider’s stock worth $7,529,000 after acquiring an additional 2,374 shares during the period. Finally, FORA Capital LLC acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $407,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

MSI stock opened at $405.86 on Monday. Motorola Solutions, Inc. has a 52-week low of $356.30 and a 52-week high of $507.82. The stock’s fifty day simple moving average is $421.25 and its 200-day simple moving average is $451.62. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $67.74 billion, a price-to-earnings ratio of 44.02, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the firm earned $2.81 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s payout ratio is 36.39%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Morgan Stanley increased their target price on 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 cut their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. JPMorgan Chase & Co. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Finally, StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average target price of $513.25.

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.