Hurley Capital LLC Acquires New Shares in Motorola Solutions, Inc. (NYSE:MSI)

Hurley Capital LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 194 shares of the communications equipment provider’s stock, valued at approximately $90,000.

Other hedge funds have also modified their holdings of the company. Synergy Asset Management LLC bought a new position in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the 4th quarter worth about $30,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 7.7 %

MSI stock opened at $401.91 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a market capitalization of $67.09 billion, a price-to-earnings ratio of 43.59, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business’s 50 day moving average price is $439.25 and its two-hundred day moving average price is $458.96.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results 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 business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.08%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MSI. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

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.