R Squared Ltd Purchases Shares of 1,370 Motorola Solutions, Inc. (NYSE:MSI)

R Squared Ltd acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,370 shares of the communications equipment provider’s stock, valued at approximately $633,000. Motorola Solutions accounts for about 0.6% of R Squared Ltd’s holdings, making the stock its 17th biggest position.

Other hedge funds also recently modified their holdings of the company. BSW Wealth Partners raised its holdings in shares of Motorola Solutions by 10.5% during the fourth quarter. BSW Wealth Partners now owns 811 shares of the communications equipment provider’s stock valued at $375,000 after purchasing an additional 77 shares during the period. Stonegate Investment Group LLC bought a new stake in Motorola Solutions in the 4th quarter valued at about $204,000. Hutchens & Kramer Investment Management Group LLC acquired a new position in Motorola Solutions during the 4th quarter worth approximately $242,000. Revolve Wealth Partners LLC bought a new position in Motorola Solutions in the fourth quarter worth approximately $208,000. Finally, Foundations Investment Advisors LLC boosted its holdings in Motorola Solutions by 14.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 1,107 shares of the communications equipment provider’s stock worth $512,000 after acquiring an additional 142 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $465.59 on Wednesday. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The firm’s 50-day simple moving average is $474.49 and its two-hundred day simple moving average is $451.87. The firm has a market cap of $77.81 billion, a price-to-earnings ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. Motorola Solutions’s payout ratio is presently 47.75%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

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.