Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Boothbay Fund Management LLC

Boothbay Fund Management LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 53.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,553 shares of the communications equipment provider’s stock after purchasing an additional 7,870 shares during the quarter. Boothbay Fund Management LLC’s holdings in Motorola Solutions were worth $10,425,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MSI. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions during the fourth quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.5 %

Shares of MSI stock opened at $430.27 on Friday. The stock has a 50 day simple moving average of $422.92 and a 200-day simple moving average of $455.39. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a market cap of $71.84 billion, a price-to-earnings ratio of 46.67, a PEG ratio of 3.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 analyst estimates of $3 billion. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $515.25.

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.