Syon Capital LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Syon Capital LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 16.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,943 shares of the communications equipment provider’s stock after buying an additional 272 shares during the quarter. Syon Capital LLC’s holdings in Motorola Solutions were worth $608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Avior Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 196.8% in the third quarter. Avior Wealth Management LLC now owns 276 shares of the communications equipment provider’s stock worth $75,000 after acquiring an additional 183 shares during the period. Private Trust Co. NA boosted its holdings in shares of Motorola Solutions by 6.9% in the third quarter. Private Trust Co. NA now owns 685 shares of the communications equipment provider’s stock worth $186,000 after acquiring an additional 44 shares during the period. Koshinski Asset Management Inc. boosted its holdings in shares of Motorola Solutions by 10.2% in the third quarter. Koshinski Asset Management Inc. now owns 1,264 shares of the communications equipment provider’s stock worth $344,000 after acquiring an additional 117 shares during the period. Czech National Bank boosted its holdings in shares of Motorola Solutions by 47.0% in the third quarter. Czech National Bank now owns 29,191 shares of the communications equipment provider’s stock worth $7,947,000 after acquiring an additional 9,337 shares during the period. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Motorola Solutions by 1.6% in the third quarter. Asset Management One Co. Ltd. now owns 75,502 shares of the communications equipment provider’s stock worth $20,555,000 after acquiring an additional 1,208 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Down 0.7 %

Motorola Solutions stock traded down $2.54 during trading hours on Friday, hitting $346.48. 590,624 shares of the stock traded hands, compared to its average volume of 635,299. The firm’s 50-day moving average price is $341.21 and its two-hundred day moving average price is $321.52. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The company has a market cap of $57.56 billion, a PE ratio of 35.14, a PEG ratio of 3.19 and a beta of 0.90. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $355.39.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The business’s revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.38 EPS. On average, research analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.13%. Motorola Solutions’s payout ratio is 39.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MSI shares. Evercore ISI began coverage on Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Finally, Barclays lifted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $348.38.

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.