Lecap Asset Management Ltd. Acquires Shares of 3,875 Motorola Solutions, Inc. (NYSE:MSI)

Lecap Asset Management Ltd. bought a new position 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 institutional investor bought 3,875 shares of the communications equipment provider’s stock, valued at approximately $1,791,000.

A number of other institutional investors also recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th quarter worth about $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the third quarter worth approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MSI shares. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Barclays upped their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Up 0.2 %

Shares of NYSE:MSI opened at $481.83 on Friday. The company’s 50-day moving average price is $471.19 and its two-hundred day moving average price is $455.27. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The firm has a market cap of $80.52 billion, a P/E ratio of 52.77, a P/E/G ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.90%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

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.