Motorola Solutions, Inc. (NYSE:MSI) is Nemes Rush Group LLC’s 6th Largest Position

Nemes Rush Group LLC grew its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,613 shares of the communications equipment provider’s stock after acquiring an additional 901 shares during the period. Motorola Solutions comprises about 2.9% of Nemes Rush Group LLC’s investment portfolio, making the stock its 6th biggest position. Nemes Rush Group LLC’s holdings in Motorola Solutions were worth $23,857,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. bought a new position in shares of Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions during the fourth quarter worth $30,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $438.07 on Tuesday. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a 50-day moving average price of $442.93 and a 200-day moving average price of $459.61. The firm has a market capitalization of $73.13 billion, a PE ratio of 47.51, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (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, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared 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. This represents a $4.36 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Motorola Solutions Company 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.