Cypress Capital Group Acquires New Shares in Motorola Solutions, Inc. (NYSE:MSI)

Cypress Capital Group acquired a new stake 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 firm acquired 2,195 shares of the communications equipment provider’s stock, valued at approximately $1,015,000.

Several other institutional investors also recently modified their holdings of MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $26,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter valued at $29,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Up 0.8 %

NYSE MSI opened at $426.42 on Thursday. The stock’s 50-day moving average price is $456.61 and its 200-day moving average price is $460.75. 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 $329.70 and a 52 week high of $507.82. 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.

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

Motorola Solutions Dividend Announcement

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 paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MSI. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the 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 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.