Trexquant Investment LP Acquires New Shares in Motorola Solutions, Inc. (NYSE:MSI)

Trexquant Investment LP bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, Holdings Channel reports. The institutional investor bought 25,836 shares of the communications equipment provider’s stock, valued at approximately $11,942,000.

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One equities 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

NYSE MSI opened at $437.48 on Thursday. The stock has a 50-day simple moving average of $441.61 and a 200 day simple moving average of $459.41. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The stock has a market capitalization of $73.03 billion, a PE ratio of 47.45, 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.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $3 billion. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

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

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.