Norden Group LLC Purchases New Position in Motorola Solutions, Inc. (NYSE:MSI)

Norden Group LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 440 shares of the communications equipment provider’s stock, valued at approximately $203,000.

Several other hedge funds also recently modified their holdings of MSI. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions in the fourth quarter worth about $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $29,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $29,000. Finally, Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley upped their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their price target 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 reduced their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Raymond James upped their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Up 0.8 %

Shares of Motorola Solutions stock opened at $426.42 on Thursday. Motorola Solutions, Inc. has a 1 year low of $329.70 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market capitalization of $71.18 billion, a P/E ratio of 46.25, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The business has a 50-day moving average of $456.61 and a two-hundred day moving average of $460.75.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given 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 1.02%. Motorola Solutions’s dividend payout ratio is currently 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.