AXQ Capital LP Sells 997 Shares of Motorola Solutions, Inc. (NYSE:MSI)

AXQ Capital LP cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 52.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 920 shares of the communications equipment provider’s stock after selling 997 shares during the period. AXQ Capital LP’s holdings in Motorola Solutions were worth $425,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.3 %

NYSE:MSI opened at $423.39 on Friday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $70.68 billion, a PE ratio of 45.92, a P/E/G ratio of 3.82 and a beta of 1.03. The firm’s 50 day simple moving average is $446.45 and its 200 day simple moving average is $459.64.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

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 issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s payout ratio is 47.29%.

Analyst Ratings Changes

MSI has been the topic of a number of research analyst reports. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com raised shares of 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 issued a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

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.