Bryce Point Capital LLC Takes $518,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Bryce Point Capital LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,120 shares of the communications equipment provider's stock, valued at approximately $518,000.

Other hedge funds also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new position in Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the 4th quarter valued at about $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at $30,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $21.90 during trading on Wednesday, hitting $416.62. 1,562,893 shares of the stock were exchanged, compared to its average volume of 772,159. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company's fifty day simple moving average is $432.98 and its 200-day simple moving average is $457.72. The company has a market capitalization of $69.56 billion, a price-to-earnings ratio of 45.19, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

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Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $3 billion. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions's dividend payout ratio is 47.29%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSI. Morgan Stanley boosted 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. StockNews.com cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

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.