Nemes Rush Group LLC Has $23.86 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Nemes Rush Group LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 51,613 shares of the communications equipment provider’s stock after acquiring an additional 901 shares during the quarter. Motorola Solutions makes up approximately 2.9% of Nemes Rush Group LLC’s portfolio, making the stock its 6th biggest position. Nemes Rush Group LLC’s holdings in Motorola Solutions were worth $23,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. increased its position in Motorola Solutions by 13.0% during the 3rd quarter. D.A. Davidson & CO. now owns 1,245 shares of the communications equipment provider’s stock valued at $560,000 after purchasing an additional 143 shares during the period. Public Sector Pension Investment Board increased its holdings in Motorola Solutions by 14.1% during the third quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider’s stock valued at $3,279,000 after buying an additional 900 shares during the period. Rockefeller Capital Management L.P. bought a new position in Motorola Solutions in the third quarter worth approximately $6,169,000. Verition Fund Management LLC boosted its position in Motorola Solutions by 136.3% during the 3rd quarter. Verition Fund Management LLC now owns 10,904 shares of the communications equipment provider’s stock valued at $4,903,000 after acquiring an additional 6,289 shares in the last quarter. Finally, Tradition Wealth Management LLC increased its holdings in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 21 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $438.07 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a market cap of $73.13 billion, a PE ratio of 47.51, a P/E/G ratio of 3.82 and a beta of 1.03. 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 business has a 50-day simple moving average of $442.93 and a two-hundred day simple moving average of $459.61.

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 analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on MSI shares. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company 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 given a buy rating to the company. According to data from MarketBeat, Motorola Solutions 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.