Vivaldi Capital Management LP Buys 55 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Vivaldi Capital Management LP grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,331 shares of the communications equipment provider’s stock after buying an additional 55 shares during the period. Vivaldi Capital Management LP’s holdings in Motorola Solutions were worth $1,092,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

NYSE:MSI opened at $423.93 on Monday. The firm has a market cap of $70.76 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The business has a 50 day moving average price of $421.05 and a 200-day moving average price of $450.28.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.81 earnings per share. Equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 36.39%.

Analysts Set New Price Targets

Several brokerages have recently commented on MSI. JPMorgan Chase & Co. cut their price objective on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Barclays cut their price objective on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a report on Monday, May 5th. Morgan Stanley upped their target price 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 raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $513.25.

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.