Landscape Capital Management L.L.C. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 552.3% during the fourth quarter, Holdings Channel reports. The fund owned 4,481 shares of the communications equipment provider’s stock after acquiring an additional 3,794 shares during the period. Landscape Capital Management L.L.C.’s holdings in Motorola Solutions were worth $2,071,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $1,528,949,000. Norges Bank acquired a new position in Motorola Solutions during the 4th quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership increased its position in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after purchasing an additional 484,727 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock valued at $1,933,360,000 after purchasing an additional 451,172 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its position in shares of Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after purchasing an additional 315,053 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
MSI has been the topic of several recent analyst reports. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays lowered their price target 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 investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Motorola Solutions Trading Down 7.7 %
NYSE:MSI opened at $401.91 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The stock’s 50 day moving average price is $439.25 and its 200 day moving average price is $458.96. The company has a market capitalization of $67.09 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 1.03.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced 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. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid 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 1.08%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.
Motorola Solutions Company Profile
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.
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