Radnor Capital Management LLC Makes New $206,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

Radnor Capital Management LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI – Get Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 771 shares of the communications equipment provider’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. lifted its holdings in Motorola Solutions by 4.3% in the third quarter. BlackRock Inc. now owns 14,651,837 shares of the communications equipment provider’s stock worth $3,281,573,000 after buying an additional 599,327 shares during the period. State Street Corp increased its stake in shares of Motorola Solutions by 0.3% during the third quarter. State Street Corp now owns 7,158,494 shares of the communications equipment provider’s stock valued at $1,608,781,000 after purchasing an additional 22,604 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Motorola Solutions by 32.4% during the third quarter. Price T Rowe Associates Inc. MD now owns 2,775,220 shares of the communications equipment provider’s stock valued at $621,567,000 after purchasing an additional 678,694 shares in the last quarter. Nuveen Asset Management LLC increased its stake in shares of Motorola Solutions by 18.9% during the third quarter. Nuveen Asset Management LLC now owns 1,657,892 shares of the communications equipment provider’s stock valued at $371,318,000 after purchasing an additional 264,011 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Motorola Solutions by 149.0% during the third quarter. Bessemer Group Inc. now owns 1,583,272 shares of the communications equipment provider’s stock valued at $354,605,000 after purchasing an additional 947,497 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 1.6 %

NYSE:MSI opened at $264.24 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.92 and a debt-to-equity ratio of 45.90. Motorola Solutions, Inc. has a 12 month low of $195.18 and a 12 month high of $275.16. The company has a market cap of $44.19 billion, a PE ratio of 33.32, a price-to-earnings-growth ratio of 2.93 and a beta of 0.92. The company has a 50 day simple moving average of $262.49 and a two-hundred day simple moving average of $252.96.

Motorola Solutions (NYSE:MSI – Get Rating) last posted its earnings results on Thursday, February 9th. The communications equipment provider reported $3.60 EPS for the quarter, topping analysts’ consensus estimates of $3.43 by $0.17. Motorola Solutions had a net margin of 14.96% and a negative return on equity of 663.73%. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter in the previous year, the firm posted $2.66 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. Research analysts forecast that Motorola Solutions, Inc. will post 10.09 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 14th. Shareholders of record on Wednesday, March 15th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 44.39%.

Insider Transactions at Motorola Solutions

In other news, CEO Gregory Q. Brown sold 26,933 shares of Motorola Solutions stock in a transaction on Tuesday, February 14th. The shares were sold at an average price of $271.25, for a total transaction of $7,305,576.25. Following the transaction, the chief executive officer now owns 48,142 shares in the company, valued at approximately $13,058,517.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Kenneth D. Denman sold 1,500 shares of Motorola Solutions stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $266.33, for a total transaction of $399,495.00. Following the transaction, the director now owns 8,313 shares in the company, valued at approximately $2,214,001.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregory Q. Brown sold 26,933 shares of Motorola Solutions stock in a transaction on Tuesday, February 14th. The stock was sold at an average price of $271.25, for a total transaction of $7,305,576.25. Following the transaction, the chief executive officer now owns 48,142 shares in the company, valued at approximately $13,058,517.50. The disclosure for this sale can be found here. Insiders have sold 37,167 shares of company stock worth $10,066,483 in the last 90 days. 1.85% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Barclays decreased their target price on shares of Motorola Solutions from $306.00 to $303.00 and set an “overweight” rating for the company in a research note on Friday, February 10th. TheStreet raised shares of Motorola Solutions from a “c+” rating to a “b” rating in a research note on Thursday, February 9th. Credit Suisse Group downgraded shares of Motorola Solutions from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $300.00 to $270.00 in a research note on Wednesday, January 11th. StockNews.com started coverage on shares of Motorola Solutions in a research note on Thursday. They set a “buy” rating for the company. Finally, JPMorgan Chase & Co. raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and raised their price target for the company from $300.00 to $305.00 in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $290.67.

About Motorola Solutions

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Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the following 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 the implementation and integration of such systems, devices, and applications.