Ruggaard & Associates LLC Sells 137 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Ruggaard & Associates LLC cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 15.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 728 shares of the communications equipment provider’s stock after selling 137 shares during the period. Ruggaard & Associates LLC’s holdings in Motorola Solutions were worth $337,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth $29,000. SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at about $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

NYSE:MSI opened at $401.91 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The stock’s 50 day moving average price is $439.25 and its two-hundred day moving average price is $459.10. The firm has a market capitalization of $67.10 billion, a price-to-earnings ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is 47.29%.

Analyst Ratings Changes

A number of brokerages have recently commented on MSI. Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $505.88.

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.