Lecap Asset Management Ltd. Makes New Investment in Motorola Solutions, Inc. (NYSE:MSI)

Lecap Asset Management Ltd. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,985 shares of the communications equipment provider’s stock, valued at approximately $621,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. American Century Companies Inc. raised its holdings in shares of Motorola Solutions by 11.6% in the first quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock worth $949,000 after buying an additional 406 shares during the period. Cibc World Market Inc. increased its stake in Motorola Solutions by 3.1% in the first quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock worth $2,685,000 after purchasing an additional 329 shares during the period. Moors & Cabot Inc. lifted its position in shares of Motorola Solutions by 8.8% during the first quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock worth $695,000 after purchasing an additional 231 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Motorola Solutions during the first quarter valued at $225,000. Finally, Baird Financial Group Inc. grew its holdings in shares of Motorola Solutions by 7.3% in the first quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock worth $13,362,000 after purchasing an additional 3,741 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on MSI shares. Barclays raised their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Evercore ISI started coverage on shares of Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target for the company. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $348.38.

Motorola Solutions Stock Down 1.4 %

NYSE MSI opened at $343.81 on Monday. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $355.39. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. The business has a fifty day moving average price of $337.97 and a 200 day moving average price of $317.82. The company has a market cap of $57.11 billion, a P/E ratio of 34.62, a P/E/G ratio of 3.17 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping 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 for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.38 EPS. Research analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.98 per share. The ex-dividend date is Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.14%. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Insider Buying and Selling at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.26% of the company’s stock.

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.