Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Martingale Asset Management L P

Martingale Asset Management L P boosted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 94.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,050 shares of the communications equipment provider's stock after buying an additional 27,188 shares during the quarter. Martingale Asset Management L P's holdings in Motorola Solutions were worth $25,908,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth about $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.6 %

NYSE:MSI traded up $2.43 on Monday, reaching $424.80. 356,572 shares of the company's stock were exchanged, compared to its average volume of 775,439. The business has a fifty day moving average of $430.81 and a 200-day moving average of $457.33. 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, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The firm has a market capitalization of $70.93 billion, a price-to-earnings ratio of 46.07, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

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

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MSI. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Barclays reduced their price target on 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 downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has an average 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.