National Pension Service Has $222.75 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• The National Pension Service increased its stake in Motorola Solutions by 8.1%, now holding 508,791 shares valued at approximately $222.75 million.
• Motorola Solutions reported a 2.4% increase in stock value, with recent quarterly earnings of $3.57 per share, surpassing analysts' expectations of $3.36.
• The company declared a quarterly dividend of $1.09 per share, yielding 0.9%, with a payout ratio of 35.10%.

National Pension Service lifted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 508,791 shares of the communications equipment provider's stock after buying an additional 37,913 shares during the period. National Pension Service owned approximately 0.30% of Motorola Solutions worth $222,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MSI. Revolve Wealth Partners LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth $208,000. Rockefeller Capital Management L.P. raised its stake in shares of Motorola Solutions by 56.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 21,489 shares of the communications equipment provider's stock worth $9,931,000 after buying an additional 7,765 shares in the last quarter. Townsquare Capital LLC raised its stake in shares of Motorola Solutions by 15.1% in the 4th quarter. Townsquare Capital LLC now owns 5,437 shares of the communications equipment provider's stock worth $2,513,000 after buying an additional 713 shares in the last quarter. Advisors Capital Management LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $1,027,000. Finally, Savvy Advisors Inc. raised its position in shares of Motorola Solutions by 6.0% during the fourth quarter. Savvy Advisors Inc. now owns 896 shares of the communications equipment provider's stock worth $414,000 after purchasing an additional 51 shares during the period. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Down 0.3%

NYSE:MSI traded down $1.20 during trading hours on Friday, hitting $460.41. 1,274,699 shares of the company's stock traded hands, compared to its average volume of 999,855. The firm has a market cap of $76.70 billion, a P/E ratio of 37.07, a P/E/G ratio of 3.75 and a beta of 0.97. Motorola Solutions, Inc. has a twelve month low of $388.90 and a twelve month high of $507.82. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. The stock's fifty day moving average price is $425.87 and its two-hundred day moving average price is $427.68.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the prior year, the firm posted $3.24 EPS. The business's revenue was up 5.2% compared to the same quarter last year. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSI shares. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Barclays cut their target price on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. UBS Group boosted their target price on Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, Wolfe Research initiated coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $512.67.

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.