Cypress Advisory Group LLC Acquires New Stake in Motorola Solutions, Inc. (NYSE:MSI)

Cypress Advisory Group LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,375 shares of the communications equipment provider's stock, valued at approximately $1,560,000. Motorola Solutions makes up about 1.4% of Cypress Advisory Group LLC's holdings, making the stock its 20th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC bought a new position in Motorola Solutions during the 4th quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the fourth quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions during the fourth quarter valued at approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded down $32.43 during trading on Friday, reaching $406.73. 2,340,568 shares of the stock traded hands, compared to its average volume of 772,518. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market capitalization of $67.91 billion, a price-to-earnings ratio of 44.11, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 52-week low of $345.27 and a 52-week high of $507.82. The business has a fifty day simple moving average of $423.19 and a two-hundred day simple moving average of $453.92.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the business earned $2.81 earnings per share. Motorola Solutions's quarterly revenue was up 5.8% compared to the same quarter last year. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.07%. Motorola Solutions's payout ratio is presently 47.29%.

Wall Street Analyst Weigh In

MSI has been the subject of several analyst reports. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. JPMorgan Chase & Co. reduced their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $515.25.

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.