Gotham Asset Management LLC Buys 2,744 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Gotham Asset Management LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 43.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,063 shares of the communications equipment provider's stock after purchasing an additional 2,744 shares during the quarter. Gotham Asset Management LLC's holdings in Motorola Solutions were worth $4,189,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th 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 shares of Motorola Solutions during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. purchased a new position in Motorola Solutions during the fourth quarter valued at $32,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Up 0.1%

Shares of NYSE:MSI traded up $0.31 during trading on Tuesday, reaching $425.60. The company's stock had a trading volume of 152,592 shares, compared to its average volume of 782,386. The firm's 50 day simple moving average is $421.29 and its two-hundred day simple moving average is $450.08. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12 month low of $356.77 and a 12 month high of $507.82. The stock has a market capitalization of $71.04 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 EPS. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared 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 1.02%. Motorola Solutions's payout ratio is 36.39%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Barclays lowered their target price 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. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

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.