Triavera Capital LLC Makes New $7.36 Million Investment in Motorola Solutions, Inc. (NYSE:MSI)

Triavera Capital LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,912 shares of the communications equipment provider's stock, valued at approximately $7,355,000. Motorola Solutions makes up about 4.0% of Triavera Capital LLC's portfolio, making the stock its 16th largest position.

Several other hedge funds also recently made changes to their positions in MSI. Barclays PLC increased its position in Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after buying an additional 165,353 shares during the period. Brookstone Capital Management increased its holdings in shares of Motorola Solutions by 8.0% in the 4th quarter. Brookstone Capital Management now owns 739 shares of the communications equipment provider's stock valued at $342,000 after acquiring an additional 55 shares during the period. Park Avenue Securities LLC increased its holdings in shares of Motorola Solutions by 109.9% in the 4th quarter. Park Avenue Securities LLC now owns 6,127 shares of the communications equipment provider's stock valued at $2,832,000 after acquiring an additional 3,208 shares during the period. Ritholtz Wealth Management raised its position in Motorola Solutions by 5.9% in the 4th quarter. Ritholtz Wealth Management now owns 4,795 shares of the communications equipment provider's stock valued at $2,216,000 after purchasing an additional 266 shares during the last quarter. Finally, First National Bank of Mount Dora Trust Investment Services boosted its stake in Motorola Solutions by 3.2% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 19,008 shares of the communications equipment provider's stock worth $8,786,000 after purchasing an additional 598 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Barclays dropped 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 note on Monday, May 5th. JPMorgan Chase & Co. dropped their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. Finally, Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Shares of MSI traded down $2.26 during mid-day trading on Tuesday, reaching $423.03. 653,024 shares of the company's stock were exchanged, compared to its average volume of 786,328. 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, Inc. has a 52-week low of $356.77 and a 52-week high of $507.82. The company has a market cap of $70.61 billion, a price-to-earnings ratio of 45.88, a PEG ratio of 3.82 and a beta of 0.98. The company has a 50-day simple moving average of $421.47 and a two-hundred day simple moving average of $449.89.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data 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 return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the business earned $2.81 earnings per share. The business's revenue was up 5.8% on a year-over-year basis. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

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.