Cullen Frost Bankers Inc. Buys 274 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cullen Frost Bankers Inc. raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 110.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 522 shares of the communications equipment provider’s stock after purchasing an additional 274 shares during the period. Cullen Frost Bankers Inc.’s holdings in Motorola Solutions were worth $241,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. World Investment Advisors LLC raised its stake in shares of Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after buying an additional 35,071 shares in the last quarter. Versor Investments LP acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $449,000. Groupama Asset Managment increased its position in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC increased its position in Motorola Solutions by 8.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after acquiring an additional 32,157 shares in the last quarter. Finally, National Pension Service increased its position in Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock valued at $217,654,000 after acquiring an additional 87,722 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Down 0.1 %

Motorola Solutions stock opened at $422.99 on Friday. The company’s 50 day simple moving average is $454.75 and its 200 day simple moving average is $460.73. Motorola Solutions, Inc. has a fifty-two week low of $329.70 and a fifty-two week high of $507.82. The firm has a market capitalization of $70.61 billion, a price-to-earnings ratio of 45.88, a PEG ratio of 3.82 and a beta of 1.03. 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 released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley raised 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.