Fiera Capital Corp Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Fiera Capital Corp grew its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,997 shares of the communications equipment provider's stock after acquiring an additional 4,206 shares during the quarter. Fiera Capital Corp's holdings in Motorola Solutions were worth $17,073,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MSI. Geode Capital Management LLC grew its holdings in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. FMR LLC grew its holdings in Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after purchasing an additional 334,639 shares during the last quarter. Northern Trust Corp grew its holdings in Motorola Solutions by 15.9% in the fourth quarter. Northern Trust Corp now owns 1,868,559 shares of the communications equipment provider's stock valued at $863,704,000 after purchasing an additional 256,707 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in Motorola Solutions by 15.7% in the fourth quarter. Nuveen Asset Management LLC now owns 1,554,252 shares of the communications equipment provider's stock valued at $718,422,000 after purchasing an additional 210,662 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Motorola Solutions by 7.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,432,475 shares of the communications equipment provider's stock valued at $662,133,000 after purchasing an additional 101,411 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on MSI. UBS Group began coverage on Motorola Solutions in a research note on Wednesday, July 16th. They set a "buy" rating and a $490.00 price objective on the stock. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wolfe Research assumed coverage on Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating on the stock. Finally, Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $510.67.

Motorola Solutions Trading Down 0.4%

Shares of Motorola Solutions stock traded down $1.90 during trading hours on Friday, reaching $437.08. The stock had a trading volume of 1,173,440 shares, compared to its average volume of 895,591. The firm has a 50 day simple moving average of $418.35 and a two-hundred day simple moving average of $428.78. The firm has a market capitalization of $72.96 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 3.75 and a beta of 0.95. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. Motorola Solutions, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $2.81 EPS. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Insider Activity at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.44% of the company's stock.

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.