HUB Investment Partners LLC Buys New Shares in Motorola Solutions, Inc. (NYSE:MSI)

HUB Investment Partners LLC bought a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,807 shares of the communications equipment provider's stock, valued at approximately $835,000.

A number of other institutional investors have also recently modified their holdings of MSI. First Horizon Advisors Inc. grew its holdings in shares of Motorola Solutions by 25.2% during the third quarter. First Horizon Advisors Inc. now owns 398 shares of the communications equipment provider's stock valued at $179,000 after buying an additional 80 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in Motorola Solutions by 24.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 7,591 shares of the communications equipment provider's stock valued at $3,420,000 after purchasing an additional 1,479 shares during the last quarter. King Luther Capital Management Corp boosted its stake in Motorola Solutions by 3.0% during the 3rd quarter. King Luther Capital Management Corp now owns 988 shares of the communications equipment provider's stock valued at $444,000 after purchasing an additional 29 shares during the last quarter. Trustmark National Bank Trust Department raised its stake in shares of Motorola Solutions by 2.4% in the third quarter. Trustmark National Bank Trust Department now owns 4,812 shares of the communications equipment provider's stock worth $2,164,000 after purchasing an additional 112 shares during the last quarter. Finally, Integrated Investment Consultants LLC purchased a new position in shares of Motorola Solutions in the third quarter worth $223,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Barclays reduced their price objective 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 lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Stock Performance

MSI traded down $0.16 during trading on Tuesday, hitting $429.18. The company's stock had a trading volume of 612,609 shares, compared to its average volume of 691,882. The business's 50 day simple moving average is $445.89 and its 200-day simple moving average is $459.74. The firm has a market cap of $71.65 billion, a PE ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts' consensus estimates 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. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid 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 dividend yield of 1.02%. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

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.