Caprock Group LLC Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Caprock Group LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,255 shares of the communications equipment provider’s stock after acquiring an additional 58 shares during the quarter. Caprock Group LLC’s holdings in Motorola Solutions were worth $708,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC purchased a new position in Motorola Solutions during the 2nd quarter valued at about $33,000. Bruce G. Allen Investments LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $38,000. Strategic Investment Solutions Inc. IL purchased a new position in Motorola Solutions during the 1st quarter valued at about $35,000. PCA Investment Advisory Services Inc. purchased a new position in Motorola Solutions during the 2nd quarter valued at about $39,000. Finally, Eagle Bay Advisors LLC purchased a new position in Motorola Solutions during the 2nd quarter valued at about $35,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 0.4 %

Shares of MSI stock opened at $354.98 on Friday. The stock has a market cap of $58.96 billion, a price-to-earnings ratio of 35.75, a price-to-earnings-growth ratio of 3.28 and a beta of 0.90. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The firm’s 50 day moving average price is $333.22 and its two-hundred day moving average price is $312.48.

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

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be paid a $0.98 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.10%. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.48%.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on 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 completion of the sale, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MSI shares. Barclays lifted their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price target for the company. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $337.25.

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.