Impact Capital Partners LLC Takes $301,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Impact Capital Partners LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 652 shares of the communications equipment provider's stock, valued at approximately $301,000.

A number of other institutional investors have also recently added to or reduced their stakes in MSI. World Investment Advisors LLC lifted its holdings in shares of Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after purchasing an additional 35,071 shares during the period. Versor Investments LP acquired a new position in Motorola Solutions during the 3rd quarter worth about $449,000. Groupama Asset Managment grew its position in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after buying an additional 46,731 shares during the last quarter. National Pension Service increased its stake in shares of Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after buying an additional 87,722 shares during the period. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Motorola Solutions during the third quarter worth about $33,423,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Up 0.0 %

Shares of MSI traded up $0.07 during trading hours on Tuesday, hitting $421.66. The stock had a trading volume of 567,201 shares, compared to its average volume of 691,351. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The firm 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. The firm has a 50 day simple moving average of $449.35 and a 200-day simple moving average of $460.30. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Remove Ads

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data 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 net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Analyst Ratings Changes

A number of analysts have weighed in on MSI shares. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target 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.