King Luther Capital Management Corp Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

King Luther Capital Management Corp raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,058 shares of the communications equipment provider’s stock after acquiring an additional 70 shares during the period. King Luther Capital Management Corp’s holdings in Motorola Solutions were worth $489,000 as of its most recent filing with the Securities & Exchange Commission.

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

Motorola Solutions Trading Up 0.3 %

NYSE:MSI opened at $413.97 on Friday. The firm has a 50-day simple moving average of $450.90 and a 200-day simple moving average of $460.12. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The firm has a market cap of $69.11 billion, a P/E ratio of 44.90, a P/E/G ratio of 3.82 and a beta of 1.03. 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 (NYSE:MSI) last issued 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 during 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%. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

MSI has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays decreased their price objective 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. Finally, Morgan Stanley upped their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $505.88.

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.