Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Dark Forest Capital Management LP

Dark Forest Capital Management LP lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 69.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 816 shares of the communications equipment provider’s stock after selling 1,869 shares during the quarter. Dark Forest Capital Management LP’s holdings in Motorola Solutions were worth $377,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MSI. Center for Financial Planning Inc. increased its holdings in Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after purchasing an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC grew its stake in shares of Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after buying an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after buying an additional 25 shares during the period. Wesbanco Bank Inc. lifted its stake in Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after acquiring an additional 26 shares in the last quarter. Finally, Premier Path Wealth Partners LLC boosted its holdings in Motorola Solutions by 1.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock valued at $769,000 after acquiring an additional 27 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $430.27 on Monday. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The firm has a market capitalization of $71.84 billion, a P/E ratio of 46.67, a P/E/G 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. The company’s fifty day moving average price is $422.92 and its 200 day moving average price is $455.25.

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

Motorola Solutions Announces Dividend

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

Analysts Set New Price Targets

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

Motorola Solutions 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.