Norden Group LLC Invests $203,000 in Motorola Solutions, Inc. (NYSE:MSI)

Norden Group LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 440 shares of the communications equipment provider’s stock, valued at approximately $203,000.

A number of other institutional investors have also recently bought and sold shares of MSI. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the 4th quarter worth about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the 3rd quarter valued at about $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $29,000. Finally, Planning Capital Management Corp acquired a new stake in Motorola Solutions during the third quarter valued at $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley lifted 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. Barclays dropped their price target 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. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Up 0.8 %

Shares of MSI stock opened at $426.42 on Thursday. Motorola Solutions, Inc. has a one year low of $329.70 and a one year high of $507.82. 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 stock has a fifty day moving average price of $456.61 and a 200 day moving average price of $460.75. The stock has a market cap of $71.18 billion, a P/E ratio of 46.25, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 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 return on equity of 197.59% and a net margin of 14.58%. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

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

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.