Brookstone Capital Management Invests $234,000 in Motorola Solutions, Inc. (NYSE:MSI)

Brookstone Capital Management bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 749 shares of the communications equipment provider’s stock, valued at approximately $234,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rosenberg Matthew Hamilton increased its holdings in Motorola Solutions by 15.1% in the third quarter. Rosenberg Matthew Hamilton now owns 275 shares of the communications equipment provider’s stock valued at $75,000 after buying an additional 36 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in Motorola Solutions by 9.4% in the third quarter. AdvisorNet Financial Inc now owns 444 shares of the communications equipment provider’s stock valued at $121,000 after buying an additional 38 shares during the last quarter. Merit Financial Group LLC increased its holdings in Motorola Solutions by 3.0% in the third quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock valued at $354,000 after buying an additional 38 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in Motorola Solutions by 4.7% in the third quarter. Foundations Investment Advisors LLC now owns 887 shares of the communications equipment provider’s stock valued at $241,000 after buying an additional 40 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in Motorola Solutions by 2.0% in the third quarter. Sequoia Financial Advisors LLC now owns 2,047 shares of the communications equipment provider’s stock valued at $557,000 after buying an additional 40 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MSI shares. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Barclays lifted their target price on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Evercore ISI started coverage on Motorola Solutions in a research note on Monday. They issued an “outperform” rating and a $400.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on Motorola Solutions in a research note on Friday, January 19th. They issued a “buy” rating and a $350.00 target price for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $337.25.

Insiders Place Their Bets

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $353.31 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The stock has a 50 day simple moving average of $331.24 and a 200-day simple moving average of $311.39. The company has a market cap of $58.68 billion, a PE ratio of 35.59, a P/E/G ratio of 3.21 and a beta of 0.90. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $353.53.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.38 earnings per share. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 15th will be given a $0.98 dividend. The ex-dividend date is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.11%. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

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.