R Squared Ltd Takes $633,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

R Squared Ltd acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,370 shares of the communications equipment provider’s stock, valued at approximately $633,000. Motorola Solutions comprises 0.6% of R Squared Ltd’s portfolio, making the stock its 17th biggest position.

Other hedge funds also recently bought and sold shares of the company. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions in the third quarter worth $31,000. Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions during the second quarter valued at $32,000. Planning Capital Management Corp purchased a new position in Motorola Solutions during the third quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions in the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research analyst reports. Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.59 on Wednesday. The company has a 50-day simple moving average of $474.49 and a two-hundred day simple moving average of $451.87. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The firm has a market cap of $77.81 billion, a price-to-earnings ratio of 51.00, a PEG ratio of 3.47 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

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.