M & L Capital Management Ltd Buys New Position in Motorola Solutions, Inc. (NYSE:MSI)

M & L Capital Management Ltd purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,425 shares of the communications equipment provider’s stock, valued at approximately $4,819,000. Motorola Solutions makes up approximately 1.2% of M & L Capital Management Ltd’s portfolio, making the stock its 13th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Shields & Co. LLC lifted its stake in shares of Motorola Solutions by 5.8% during the fourth quarter. Wellington Shields & Co. LLC now owns 1,347 shares of the communications equipment provider’s stock worth $623,000 after buying an additional 74 shares during the period. Postrock Partners LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth about $751,000. Impact Capital Partners LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth about $301,000. Commonwealth Equity Services LLC lifted its stake in Motorola Solutions by 5.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 44,222 shares of the communications equipment provider’s stock valued at $20,441,000 after acquiring an additional 2,192 shares during the period. Finally, Balboa Wealth Partners acquired a new stake in Motorola Solutions during the 4th quarter valued at approximately $360,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Up 1.0 %

NYSE MSI opened at $418.07 on Friday. The business has a fifty day moving average price of $450.02 and a 200 day moving average price of $460.04. 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 $69.79 billion, a P/E ratio of 45.34, a P/E/G ratio of 3.82 and a beta of 1.03.

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

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

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.