Flynn Zito Capital Management LLC Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

Flynn Zito Capital Management LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 611 shares of the communications equipment provider’s stock after purchasing an additional 72 shares during the period. Flynn Zito Capital Management LLC’s holdings in Motorola Solutions were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter valued at about $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions in the third quarter worth $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions during the third quarter valued at $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 0.2 %

MSI opened at $425.72 on Thursday. The company has a market capitalization of $71.07 billion, a P/E ratio of 46.17, a PEG ratio of 3.82 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52 week low of $326.22 and a 52 week high of $507.82. The stock’s fifty day moving average is $460.64 and its two-hundred day moving average is $460.33.

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

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MSI. Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Barclays cut their target price on 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 equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $505.88.

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.