Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Brooklyn Investment Group

Brooklyn Investment Group lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.6% during the fourth quarter, Holdings Channel reports. The fund owned 881 shares of the communications equipment provider’s stock after purchasing an additional 62 shares during the quarter. Brooklyn Investment Group’s holdings in Motorola Solutions were worth $407,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the 3rd quarter valued at $31,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions during the 2nd quarter worth $32,000. Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions during the third quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in Motorola Solutions during the third quarter worth about $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $465.23 on Friday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The firm’s 50-day simple moving average is $478.00 and its 200-day simple moving average is $446.98. The firm has a market cap of $77.75 billion, a PE ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01.

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

Motorola Solutions Increases Dividend

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

Analyst Ratings Changes

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

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.