Robeco Institutional Asset Management B.V. Purchases 72,747 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Robeco Institutional Asset Management B.V. lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 707,562 shares of the communications equipment provider’s stock after acquiring an additional 72,747 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.42% of Motorola Solutions worth $327,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in MSI. World Investment Advisors LLC grew its holdings in shares of Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares during the last quarter. Versor Investments LP acquired a new position in shares of Motorola Solutions during the third quarter worth $449,000. Groupama Asset Managment lifted its stake in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after acquiring an additional 32,157 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new stake in Motorola Solutions during the 3rd quarter worth $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $465.59 on Wednesday. The company has a market capitalization of $77.81 billion, a PE ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The firm has a fifty day simple moving average of $474.05 and a 200 day simple moving average of $452.40.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. On average, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.

About Motorola Solutions

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.