Charles Schwab Investment Management Inc. Has $428.03 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Charles Schwab Investment Management Inc. boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 926,009 shares of the communications equipment provider’s stock after acquiring an additional 25,838 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.55% of Motorola Solutions worth $428,029,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the fourth quarter worth $29,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter worth $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the fourth quarter worth $30,000. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSI. Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 1.1 %

Motorola Solutions stock opened at $422.75 on Wednesday. The company has a market cap of $70.57 billion, a P/E ratio of 45.85, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company has a fifty day simple moving average of $457.53 and a 200 day simple moving average of $460.99. Motorola Solutions, Inc. has a 1-year low of $329.66 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results 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). The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend 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.