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

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

A number of other large investors have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $1,528,949,000. Norges Bank bought a new position in Motorola Solutions in the fourth quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership raised its position in Motorola Solutions by 330.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock worth $291,922,000 after acquiring an additional 484,727 shares during the period. Geode Capital Management LLC boosted its stake in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock worth $1,933,360,000 after acquiring an additional 451,172 shares during the last quarter. Finally, FMR LLC grew its position in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Down 2.2 %

NYSE MSI opened at $421.38 on Thursday. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 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 market cap of $70.36 billion, a PE ratio of 45.70, a P/E/G ratio of 3.82 and a beta of 0.94. The stock’s 50 day moving average is $427.53 and its 200 day moving average is $456.76.

Motorola Solutions (NYSE:MSI) last released 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). 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 analysts’ expectations of $3 billion. Research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MSI. Barclays decreased 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. Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.