Fox Run Management L.L.C. Invests $271,000 in Motorola Solutions, Inc. (NYSE:MSI)

Fox Run Management L.L.C. acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 586 shares of the communications equipment provider’s stock, valued at approximately $271,000.

A number of other hedge funds also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions in the 4th quarter worth $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the fourth quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions during the fourth quarter valued at about $30,000. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

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

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $432.71 on Friday. The company has a market cap of $72.23 billion, a PE ratio of 46.93, a P/E/G ratio of 3.82 and a beta of 1.03. The business has a 50 day moving average of $444.11 and a 200 day moving average of $459.34. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. 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 (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, equities research analysts forecast 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 given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions’s payout ratio is 47.29%.

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.