Cyrus J. Lawrence LLC Has $10.83 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Cyrus J. Lawrence LLC reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,431 shares of the communications equipment provider’s stock after selling 75 shares during the period. Motorola Solutions makes up about 2.1% of Cyrus J. Lawrence LLC’s portfolio, making the stock its 18th biggest holding. Cyrus J. Lawrence LLC’s holdings in Motorola Solutions were worth $10,830,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MSI. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $1,528,949,000. Proficio Capital Partners LLC raised its holdings in Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after acquiring an additional 315,053 shares in the last quarter. State Street Corp raised its holdings in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Barclays PLC raised its holdings in Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after acquiring an additional 165,353 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Motorola Solutions by 44.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider’s stock valued at $182,959,000 after acquiring an additional 125,351 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MSI. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $423.39 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 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market capitalization of $70.68 billion, a P/E ratio of 45.92, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The stock has a fifty day moving average of $446.45 and a 200-day moving average of $459.51.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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 given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is currently 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.