Syon Capital LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Syon Capital LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 16.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,943 shares of the communications equipment provider’s stock after purchasing an additional 272 shares during the quarter. Syon Capital LLC’s holdings in Motorola Solutions were worth $608,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MSI. Northwest Capital Management Inc boosted its position in Motorola Solutions by 71.4% during the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $36,000. Bruce G. Allen Investments LLC purchased a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. lifted its position in shares of Motorola Solutions by 73.2% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock valued at $39,000 after acquiring an additional 52 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Motorola Solutions in the third quarter valued at approximately $52,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insiders Place Their Bets

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

Motorola Solutions Trading Down 0.7 %

Motorola Solutions stock traded down $2.54 during trading on Friday, reaching $346.48. 590,624 shares of the company were exchanged, compared to its average volume of 635,299. The stock’s 50 day simple moving average is $341.21 and its two-hundred day simple moving average is $321.52. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The company has a market capitalization of $57.56 billion, a P/E ratio of 35.14, a PEG ratio of 3.19 and a beta of 0.90. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $3.38 earnings per share. On average, equities research analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.13%. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Analyst Ratings Changes

Several research firms have recently weighed in on MSI. Barclays raised their target price on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a research report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price on the stock. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $348.38.

Motorola Solutions Company 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.