Crux Wealth Advisors Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

Crux Wealth Advisors acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,433 shares of the communications equipment provider's stock, valued at approximately $2,049,000. Motorola Solutions makes up about 1.1% of Crux Wealth Advisors' holdings, making the stock its 28th biggest position.

Several other hedge funds have also recently bought and sold shares of MSI. Raymond James Financial Inc. purchased a new position in Motorola Solutions during the 4th quarter worth $1,528,949,000. Norges Bank acquired a new stake in shares of Motorola Solutions during the fourth quarter worth about $1,073,645,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after buying an additional 484,727 shares during the last quarter. Geode Capital Management LLC increased its position in Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after acquiring an additional 451,172 shares during the period. Finally, FMR LLC raised its stake in Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

NYSE:MSI traded up $4.06 during midday trading on Monday, reaching $426.43. 999,618 shares of the company traded hands, compared to its average volume of 777,959. The firm has a market capitalization of $71.20 billion, a price-to-earnings ratio of 46.25, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a fifty day moving average price of $429.72 and a 200 day moving average price of $457.19. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82.

Remove Ads

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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 business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal 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 paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MSI shares. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. StockNews.com lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. Finally, Barclays cut their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average 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.