1,055 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by May Hill Capital LLC

May Hill Capital LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,055 shares of the communications equipment provider's stock, valued at approximately $488,000.

Other large investors have also modified their holdings of the company. D.A. Davidson & CO. boosted its position in shares of Motorola Solutions by 13.0% during the 3rd quarter. D.A. Davidson & CO. now owns 1,245 shares of the communications equipment provider's stock valued at $560,000 after acquiring an additional 143 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in Motorola Solutions by 14.1% during the third quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider's stock worth $3,279,000 after purchasing an additional 900 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Motorola Solutions during the third quarter valued at approximately $6,169,000. Verition Fund Management LLC grew its stake in shares of Motorola Solutions by 136.3% in the 3rd quarter. Verition Fund Management LLC now owns 10,904 shares of the communications equipment provider's stock valued at $4,903,000 after purchasing an additional 6,289 shares during the period. Finally, Tradition Wealth Management LLC raised its holdings in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock worth $294,000 after buying an additional 21 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on MSI. Morgan Stanley boosted their price target 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. Barclays lowered 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, StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Motorola Solutions presently has an average rating of "Moderate Buy" and an average target price of $505.88.

Motorola Solutions Price Performance

Shares of MSI traded down $33.59 during mid-day trading on Friday, hitting $401.91. 1,726,336 shares of the company traded hands, compared to its average volume of 759,105. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $67.09 billion, a price-to-earnings ratio of 43.59, a PEG ratio of 3.82 and a beta of 1.03. The business has a 50-day moving average of $439.25 and a 200 day moving average of $459.10. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

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). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio is 47.29%.

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.