Caprock Group LLC Purchases 915 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Caprock Group LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,815 shares of the communications equipment provider’s stock after buying an additional 915 shares during the period. Caprock Group LLC’s holdings in Motorola Solutions were worth $3,158,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of MSI. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $32,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

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

Motorola Solutions Price Performance

NYSE MSI opened at $468.89 on Friday. The stock has a market capitalization of $78.36 billion, a price-to-earnings ratio of 51.36, a PEG ratio of 3.41 and a beta of 1.01. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The business’s fifty day moving average price is $473.03 and its 200-day moving average price is $452.62.

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

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.