Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 4.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 65,931 shares of the communications equipment provider’s stock after purchasing an additional 2,761 shares during the period. Achmea Investment Management B.V.’s holdings in Motorola Solutions were worth $25,453,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MSI. MFA Wealth Advisors LLC purchased a new stake in Motorola Solutions in the second quarter valued at $25,000. Beacon Capital Management LLC increased its position in shares of Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC lifted its holdings in shares of Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. Crewe Advisors LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at about $28,000. Finally, Private Wealth Management Group LLC purchased a new position in Motorola Solutions during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSI. Jefferies Financial Group increased their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Evercore ISI increased their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Bank of America lifted their price objective on shares of Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Barclays increased their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $466.17.

Motorola Solutions Stock Down 0.5 %

Shares of NYSE:MSI opened at $435.90 on Thursday. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $448.98. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. The firm’s 50-day simple moving average is $411.58 and its 200-day simple moving average is $375.83. The company has a market cap of $72.71 billion, a price-to-earnings ratio of 53.88, a PEG ratio of 3.76 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.23. The company had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.41 EPS. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.22 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 0.90%. The ex-dividend date is Friday, September 13th. Motorola Solutions’s payout ratio is 48.45%.

Insider Buying and Selling at Motorola Solutions

In other news, COO John P. Molloy sold 23,985 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.50% of the stock is owned by corporate insiders.

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.