Skandinaviska Enskilda Banken AB publ Increases Stake in Motorola Solutions, Inc. (NYSE:MSI)

Skandinaviska Enskilda Banken AB publ grew its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 9.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 452,360 shares of the communications equipment provider’s stock after acquiring an additional 39,856 shares during the period. Motorola Solutions accounts for about 0.9% of Skandinaviska Enskilda Banken AB publ’s portfolio, making the stock its 17th largest position. Skandinaviska Enskilda Banken AB publ’s holdings in Motorola Solutions were worth $209,710,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the 4th quarter worth about $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions during the 3rd quarter valued at $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions during the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $413.42 on Thursday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $69.01 billion, a P/E ratio of 44.84, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business has a fifty day moving average of $451.80 and a two-hundred day moving average of $460.45.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates 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. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Wall Street Analysts Forecast Growth

MSI has been the topic of several analyst reports. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $505.88.

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.