M & L Capital Management Ltd Sells 10,150 Shares of Motorola Solutions, Inc. (NYSE:MSI)

M & L Capital Management Ltd lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 97.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 275 shares of the communications equipment provider's stock after selling 10,150 shares during the period. Motorola Solutions makes up 0.0% of M & L Capital Management Ltd's portfolio, making the stock its 18th biggest position. M & L Capital Management Ltd's holdings in Motorola Solutions were worth $120,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

MSI traded down $2.89 during trading on Friday, hitting $415.54. The stock had a trading volume of 3,176,673 shares, compared to its average volume of 802,284. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company has a 50 day simple moving average of $420.90 and a 200-day simple moving average of $446.81. The firm has a market cap of $69.36 billion, a PE ratio of 45.07, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 12 month low of $360.79 and a 12 month high of $507.82.

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

Motorola Solutions Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Morgan Stanley raised their price target 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 cut their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. JPMorgan Chase & Co. cut their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday. Finally, Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $513.25.

About Motorola Solutions

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.