Balboa Wealth Partners Buys Shares of 779 Motorola Solutions, Inc. (NYSE:MSI)

Balboa Wealth Partners acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 779 shares of the communications equipment provider's stock, valued at approximately $360,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions in the 3rd quarter valued at $29,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions in the 4th quarter valued at $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in Motorola Solutions in the 4th quarter valued at $30,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MSI shares. 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. Morgan Stanley raised 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. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised 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. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $505.88.

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Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $0.07 on Tuesday, hitting $421.66. The company's stock had a trading volume of 567,201 shares, compared to its average volume of 843,815. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a fifty day moving average price of $449.35 and a 200-day moving average price of $460.30. The company has a market capitalization of $70.39 billion, a P/E ratio of 45.73, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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 business had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions's dividend payout ratio is presently 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.