Motley Fool Asset Management LLC Takes $3.63 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Motley Fool Asset Management LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,862 shares of the communications equipment provider’s stock, valued at approximately $3,634,000.

Several other hedge funds have also recently bought and sold shares of MSI. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions during the 4th quarter worth $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

NYSE:MSI opened at $437.48 on Thursday. The company has a 50-day moving average of $441.61 and a 200-day moving average of $459.41. The firm has a market cap of $73.03 billion, a price-to-earnings ratio of 47.45, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion for 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%. Analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSI. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays reduced their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.