Trexquant Investment LP Buys New Position in Motorola Solutions, Inc. (NYSE:MSI)

Trexquant Investment LP purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 25,836 shares of the communications equipment provider’s stock, valued at approximately $11,942,000.

A number of other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the fourth quarter worth approximately $1,528,949,000. Norges Bank acquired a new position in shares of Motorola Solutions during the 4th quarter valued at $1,073,645,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock worth $291,922,000 after buying an additional 484,727 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock valued at $1,933,360,000 after buying an additional 451,172 shares during the period. Finally, Proficio Capital Partners LLC boosted its stake in Motorola Solutions by 56,562.5% during the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after buying an additional 315,053 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on MSI shares. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Up 0.3 %

NYSE MSI opened at $437.48 on Thursday. The firm’s 50 day moving average price is $441.61 and its two-hundred day moving average price is $459.41. 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 twelve month low of $332.98 and a twelve month high of $507.82. The stock has a market cap of $73.03 billion, a price-to-earnings ratio of 47.45, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results 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 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%. Equities analysts anticipate 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. Stockholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 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.