Farringdon Capital Ltd. Buys New Stake in Motorola Solutions, Inc. (NYSE:MSI)

Farringdon Capital Ltd. purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,182 shares of the communications equipment provider’s stock, valued at approximately $1,009,000.

A number of other hedge funds also recently bought and sold shares of MSI. Morse Asset Management Inc raised its position in shares of Motorola Solutions by 2.3% during the 3rd quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider’s stock valued at $699,000 after buying an additional 35 shares in the last quarter. Barclays PLC increased its stake in Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after acquiring an additional 165,353 shares during the last quarter. M&T Bank Corp increased its stake in Motorola Solutions by 2.8% during the third quarter. M&T Bank Corp now owns 18,410 shares of the communications equipment provider’s stock worth $8,278,000 after acquiring an additional 497 shares during the last quarter. World Investment Advisors LLC raised its position in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares during the period. Finally, Arvest Bank Trust Division bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $6,831,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MSI shares. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Down 2.2 %

NYSE:MSI opened at $421.38 on Thursday. The company has a market cap of $70.36 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve 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 stock has a fifty day simple moving average of $427.53 and a 200-day simple moving average of $456.76.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data 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 company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is 47.29%.

Motorola Solutions 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.