Gallacher Capital Management LLC Invests $252,000 in Motorola Solutions, Inc. (NYSE:MSI)

Gallacher Capital Management LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, Holdings Channel reports. The fund purchased 806 shares of the communications equipment provider’s stock, valued at approximately $252,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwest Capital Management Inc increased its stake in Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in Motorola Solutions during the 4th quarter worth about $36,000. Bruce G. Allen Investments LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at $38,000. BOK Financial Private Wealth Inc. grew its stake in shares of Motorola Solutions by 73.2% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after purchasing an additional 52 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Motorola Solutions in the 3rd quarter worth about $52,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research note on Friday. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Barclays upped their target price on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a report on Friday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.43.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $349.64 on Tuesday. The business has a 50-day moving average of $343.80 and a two-hundred day moving average of $324.78. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $356.17. The stock has a market capitalization of $58.32 billion, a P/E ratio of 43.22, a P/E/G ratio of 3.27 and a beta of 0.91.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same quarter last year, the firm posted $3.38 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, equities research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were issued a dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.12%. Motorola Solutions’s payout ratio is presently 48.45%.

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.