Crestline Management LP Has $5.82 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Crestline Management LP raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 209.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,584 shares of the communications equipment provider's stock after purchasing an additional 8,513 shares during the period. Crestline Management LP's holdings in Motorola Solutions were worth $5,817,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MSI. National Pension Service raised its stake in Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after acquiring an additional 87,722 shares during the period. Merit Financial Group LLC increased its position in Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after buying an additional 712 shares during the period. Union Bancaire Privee UBP SA acquired a new stake in Motorola Solutions in the fourth quarter worth $24,136,000. Proficio Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 56,562.5% during the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after acquiring an additional 315,053 shares during the period. Finally, Board of the Pension Protection Fund bought a new position in shares of Motorola Solutions during the fourth quarter worth about $1,156,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on MSI. 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 research note on Thursday, April 17th. Barclays reduced their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday. StockNews.com downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Monday. Finally, Morgan Stanley increased 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. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded down $4.51 during trading on Friday, hitting $405.86. The stock had a trading volume of 940,558 shares, compared to its average volume of 776,584. The business has a fifty day moving average of $421.25 and a two-hundred day moving average of $451.82. Motorola Solutions, Inc. has a fifty-two week low of $356.30 and a fifty-two week high of $507.82. The firm has a market cap of $67.76 billion, a P/E ratio of 44.02, a PEG ratio of 3.82 and a beta of 0.98. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping 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 analysts' expectations of $2.52 billion. During the same period in the previous year, the business earned $2.81 earnings per share. Motorola Solutions's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.07%. 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.