Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 89.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,931 shares of the communications equipment provider's stock after acquiring an additional 1,383 shares during the period. Motorola Solutions makes up 0.4% of Sherbrooke Park Advisers LLC's investment portfolio, making the stock its 18th biggest holding. Sherbrooke Park Advisers LLC's holdings in Motorola Solutions were worth $1,355,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

NYSE:MSI traded down $2.26 during trading hours on Tuesday, reaching $423.03. 653,024 shares of the company traded hands, compared to its average volume of 784,355. The firm's 50-day moving average is $421.29 and its 200-day moving average is $450.08. The stock has a market cap of $70.61 billion, a P/E ratio of 45.88, a P/E/G 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, Inc. has a 1-year low of $356.77 and a 1-year high of $507.82.

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

Motorola Solutions Dividend Announcement

The firm 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. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MSI shares. 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 note on Thursday, April 17th. Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Finally, Morgan Stanley raised their price objective 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 company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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.