National Pension Service Has $105.72 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

National Pension Service boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 337,649 shares of the communications equipment provider’s stock after acquiring an additional 7,265 shares during the quarter. National Pension Service owned 0.20% of Motorola Solutions worth $105,715,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Alphinity Investment Management Pty Ltd acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $339,283,000. Ameriprise Financial Inc. boosted its holdings in shares of Motorola Solutions by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after acquiring an additional 482,023 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the third quarter valued at $77,388,000. International Assets Investment Management LLC lifted its holdings in Motorola Solutions by 1,208.6% during the 4th quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock worth $59,991,000 after buying an additional 176,968 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in shares of Motorola Solutions by 61.1% in the third quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock valued at $90,846,000 after buying an additional 126,517 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSI has been the topic of several research reports. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. 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 report on Friday, May 3rd. Barclays upped their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and an average price target of $357.43.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded up $1.03 during trading on Thursday, reaching $360.05. 137,924 shares of the stock traded hands, compared to its average volume of 663,317. The company has a 50-day moving average of $344.39 and a 200-day moving average of $325.32. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $361.68. The stock has a market capitalization of $60.05 billion, a P/E ratio of 44.38, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91. 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 (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.38 earnings per share. Analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.09%. Motorola Solutions’s payout ratio is presently 48.45%.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Motorola Solutions Company 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.