Lecap Asset Management Ltd. Invests $1.79 Million in Motorola Solutions, Inc. (NYSE:MSI)

Lecap Asset Management Ltd. purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,875 shares of the communications equipment provider’s stock, valued at approximately $1,791,000.

Several other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions during the third quarter worth $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the third quarter valued at approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MSI shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays raised their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Morgan Stanley increased their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Raymond James boosted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America increased their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Up 0.2 %

Shares of MSI opened at $481.83 on Friday. The company’s 50-day moving average price is $471.19 and its 200 day moving average price is $455.27. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The firm has a market cap of $80.52 billion, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.90%. Motorola Solutions’s dividend payout ratio is 47.75%.

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.