Brasada Capital Management LP Acquires Shares of 14,757 Motorola Solutions, Inc. (NYSE:MSI)

Brasada Capital Management LP bought a new position in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,757 shares of the communications equipment provider’s stock, valued at approximately $6,741,000. Motorola Solutions accounts for about 1.2% of Brasada Capital Management LP’s holdings, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the 4th quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 1.8 %

NYSE:MSI opened at $419.66 on Wednesday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company’s 50-day simple moving average is $423.27 and its 200 day simple moving average is $455.95. The firm has a market capitalization of $70.07 billion, a P/E ratio of 45.52, a PEG ratio of 3.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. As a group, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

Several research firms have recently issued reports on MSI. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company 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 report on Thursday, April 17th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average target price of $515.25.

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.