Great West Life Assurance Co. Can Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Great West Life Assurance Co. Can lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 143,355 shares of the communications equipment provider’s stock after purchasing an additional 6,505 shares during the quarter. Great West Life Assurance Co. Can owned about 0.09% of Motorola Solutions worth $42,244,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MSI. American Century Companies Inc. raised its stake in shares of Motorola Solutions by 11.6% in the 1st quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock valued at $949,000 after acquiring an additional 406 shares during the period. Cibc World Market Inc. lifted its stake in shares of Motorola Solutions by 3.1% during the first quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock worth $2,685,000 after purchasing an additional 329 shares in the last quarter. Moors & Cabot Inc. boosted its position in shares of Motorola Solutions by 8.8% in the first quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock worth $695,000 after buying an additional 231 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at about $225,000. Finally, Baird Financial Group Inc. raised its holdings in shares of Motorola Solutions by 7.3% during the 1st quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock valued at $13,362,000 after buying an additional 3,741 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Buying and Selling

In other Motorola Solutions news, CEO Gregory Q. Brown sold 65,000 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $305.27, for a total value of $19,842,550.00. Following the completion of the transaction, the chief executive officer now directly owns 62,105 shares in the company, valued at $18,958,793.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Motorola Solutions news, CEO Gregory Q. Brown sold 65,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $305.27, for a total value of $19,842,550.00. Following the sale, the chief executive officer now directly owns 62,105 shares of the company’s stock, valued at $18,958,793.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jason J. Winkler sold 5,656 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the transaction, the chief financial officer now directly owns 6,732 shares of the company’s stock, valued at approximately $2,055,212.28. The disclosure for this sale can be found here. Insiders have sold a total of 76,506 shares of company stock worth $23,359,370 over the last quarter. 1.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Motorola Solutions from $320.00 to $311.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. Morgan Stanley lifted their target price on Motorola Solutions from $290.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Friday, August 4th. Raymond James boosted their price target on Motorola Solutions from $315.00 to $320.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Bank of America began coverage on Motorola Solutions in a research note on Monday, October 9th. They set a “buy” rating and a $330.00 price objective for the company. Finally, Barclays cut their target price on Motorola Solutions from $329.00 to $322.00 and set an “overweight” rating on the stock in a research report on Friday, August 4th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $312.57.

Motorola Solutions Trading Up 0.4 %

NYSE:MSI opened at $319.43 on Tuesday. The company has a market cap of $53.03 billion, a PE ratio of 32.30, a P/E/G ratio of 3.02 and a beta of 0.91. The business’s 50 day moving average is $287.72 and its two-hundred day moving average is $286.38. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 12.51. Motorola Solutions, Inc. has a 52 week low of $251.00 and a 52 week high of $320.13.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.03 by $0.16. Motorola Solutions had a return on equity of 668.00% and a net margin of 17.30%. The firm had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.53 billion. During the same period last year, the business posted $2.79 earnings per share. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, analysts predict that Motorola Solutions, Inc. will post 10.61 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.88. Motorola Solutions’s dividend payout ratio is currently 35.59%.

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.