May Hill Capital LLC Takes $488,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

May Hill Capital LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,055 shares of the communications equipment provider's stock, valued at approximately $488,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tradition Wealth Management LLC increased its holdings in shares of Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock worth $294,000 after acquiring an additional 21 shares during the last quarter. Center for Financial Planning Inc. increased its holdings in shares of Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after purchasing an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock valued at $109,000 after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in shares of Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after buying an additional 25 shares during the last quarter. Finally, Wesbanco Bank Inc. boosted its holdings in shares of Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock worth $596,000 after buying an additional 26 shares during the period. Institutional investors own 84.17% of the company's stock.

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Motorola Solutions Price Performance

Shares of NYSE MSI traded up $1.49 during mid-day trading on Wednesday, reaching $437.48. The company had a trading volume of 822,612 shares, compared to its average volume of 750,598. The firm has a market cap of $73.03 billion, a price-to-earnings ratio of 47.45, a PEG ratio of 3.82 and a beta of 1.03. The business's 50-day simple moving average is $441.61 and its 200 day simple moving average is $459.41. Motorola Solutions, Inc. has a one year low of $332.98 and a one 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Finally, Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report 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 stock currently has an average rating of "Moderate Buy" and a consensus target price 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.