M & L Capital Management Ltd Invests $4.82 Million in Motorola Solutions, Inc. (NYSE:MSI)

M & L Capital Management Ltd acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,425 shares of the communications equipment provider's stock, valued at approximately $4,819,000. Motorola Solutions comprises about 1.2% of M & L Capital Management Ltd's portfolio, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. Mizuho Securities USA LLC raised its holdings in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider's stock valued at $262,989,000 after buying an additional 572,040 shares during the last quarter. Proficio Capital Partners LLC boosted its position in Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after buying an additional 315,053 shares during the period. State Street Corp raised its position in shares of Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock worth $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock valued at $325,455,000 after purchasing an additional 165,353 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Motorola Solutions Price Performance

Shares of MSI stock traded up $1.92 on Wednesday, reaching $423.82. The company's stock had a trading volume of 495,082 shares, compared to its average volume of 690,084. The company has a market capitalization of $70.75 billion, a price-to-earnings ratio of 45.97, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The stock's fifty day simple moving average is $448.66 and its 200-day simple moving average is $460.15. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its 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). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share 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 given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSI. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Finally, Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

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.