Stevens Capital Management LP Purchases Shares of 1,806 Motorola Solutions, Inc. (NYSE:MSI)

Stevens Capital Management LP acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,806 shares of the communications equipment provider's stock, valued at approximately $835,000.

A number of other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its holdings in shares of Motorola Solutions by 22.6% during the fourth quarter. LPL Financial LLC now owns 122,916 shares of the communications equipment provider's stock worth $56,815,000 after buying an additional 22,675 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $271,000. Knights of Columbus Asset Advisors LLC grew its stake in shares of Motorola Solutions by 1.0% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 19,471 shares of the communications equipment provider's stock valued at $9,000,000 after purchasing an additional 191 shares during the last quarter. Marietta Investment Partners LLC increased its holdings in shares of Motorola Solutions by 189.4% in the fourth quarter. Marietta Investment Partners LLC now owns 2,535 shares of the communications equipment provider's stock valued at $1,172,000 after purchasing an additional 1,659 shares during the period. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Motorola Solutions by 2.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 1,840 shares of the communications equipment provider's stock worth $851,000 after purchasing an additional 50 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MSI. Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating 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 note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Price Performance

Shares of MSI traded up $1.48 during trading hours on Thursday, reaching $432.71. The company had a trading volume of 660,653 shares, compared to its average volume of 693,640. The company has a market capitalization of $72.23 billion, a price-to-earnings ratio of 46.93, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm has a 50 day simple moving average of $444.11 and a 200-day simple moving average of $459.34. 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 (NYSE:MSI - Get Free Report) last posted its quarterly 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 company had revenue of $3.01 billion for 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%. Research 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. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

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.