Hutchens & Kramer Investment Management Group LLC Purchases Shares of 523 Motorola Solutions, Inc. (NYSE:MSI)

Hutchens & Kramer Investment Management Group LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 523 shares of the communications equipment provider’s stock, valued at approximately $242,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. World Investment Advisors LLC lifted its position in shares of Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP acquired a new position in shares of Motorola Solutions during the third quarter worth $449,000. Groupama Asset Managment lifted its position in shares of Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after purchasing an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC lifted its position in shares of Motorola Solutions by 8.5% during the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after purchasing an additional 32,157 shares in the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in shares of Motorola Solutions during the third quarter worth $33,423,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 2.3 %

MSI stock opened at $467.95 on Tuesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The firm has a fifty day moving average price of $474.94 and a two-hundred day moving average price of $451.31. The firm has a market cap of $78.20 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 3.47 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS 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 paid a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.93%. Motorola Solutions’s payout ratio is presently 47.75%.

Analyst Upgrades and Downgrades

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

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.