3,179 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by 111 Capital

111 Capital bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,179 shares of the communications equipment provider's stock, valued at approximately $1,469,000.

Other institutional investors also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the fourth quarter valued at about $30,000. Finally, Meeder Asset Management Inc. bought a new stake 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 Stock Down 0.7%

Shares of MSI stock traded down $2.89 during trading on Friday, reaching $415.54. The company's stock had a trading volume of 3,176,673 shares, compared to its average volume of 802,284. Motorola Solutions, Inc. has a one year low of $360.79 and a one year high of $507.82. The business has a fifty day moving average price of $420.90 and a 200-day moving average price of $446.13. The company has a market cap of $69.36 billion, a price-to-earnings ratio of 45.07, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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 (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (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 firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business earned $2.81 EPS. The company's revenue was up 5.8% compared to the same quarter last year. Analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.05%. Motorola Solutions's payout ratio is presently 36.39%.

Wall Street Analyst Weigh In

MSI has been the topic of several recent analyst reports. Barclays cut their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. dropped their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $513.25.

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.