Harvest Fund Management Co. Ltd Boosts Position in Motorola Solutions, Inc. (NYSE:MSI)

Harvest Fund Management Co. Ltd boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 31.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,931 shares of the communications equipment provider’s stock after purchasing an additional 942 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Motorola Solutions were worth $1,817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions in the fourth quarter valued at $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the fourth quarter worth about $29,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth about $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.5 %

Shares of MSI stock opened at $423.82 on Thursday. 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. The company’s 50-day moving average price is $447.89 and its 200-day moving average price is $459.90. The stock has a market cap of $70.75 billion, a price-to-earnings ratio of 45.97, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last released its quarterly 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 firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

Analyst Ratings Changes

A number of analysts have recently commented on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays reduced 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. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley upped 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target 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.