Duality Advisers LP Invests $2.04 Million in Motorola Solutions, Inc. (NYSE:MSI)

Duality Advisers LP purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 6,528 shares of the communications equipment provider’s stock, valued at approximately $2,044,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Qube Research & Technologies Ltd lifted its holdings in shares of Motorola Solutions by 61.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after acquiring an additional 126,517 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in Motorola Solutions by 2.2% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock valued at $260,204,000 after purchasing an additional 17,807 shares during the last quarter. Sherbrooke Park Advisers LLC lifted its stake in Motorola Solutions by 224.3% in the 3rd quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock valued at $1,059,000 after purchasing an additional 2,691 shares during the last quarter. Sei Investments Co. lifted its stake in Motorola Solutions by 9.8% in the 3rd quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock valued at $20,353,000 after purchasing an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co lifted its stake in Motorola Solutions by 4.2% in the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock valued at $1,254,000 after purchasing an additional 162 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.26% of the company’s stock.

Motorola Solutions Stock Up 1.6 %

Motorola Solutions stock opened at $345.23 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The stock has a market cap of $57.35 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The firm’s 50-day simple moving average is $339.67 and its 200 day simple moving average is $320.67. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.38 earnings per share. Research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s payout ratio is 39.48%.

Wall Street Analysts Forecast Growth

MSI has been the subject of several research reports. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Barclays upped their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Finally, Evercore ISI began coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target for the company. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $348.38.

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.