Natixis Advisors LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• Natixis Advisors LLC increased its stake in Motorola Solutions by 33.2%, holding 151,004 shares valued at approximately $66.1 million at the end of the most recent quarter.
• Motorola Solutions reported a quarterly earnings per share (EPS) of $3.18, surpassing analysts' expectations of $3.01, with a revenue of $2.53 billion, a 5.8% increase compared to the same quarter last year.
• Institutional investors own 84.17% of Motorola Solutions, demonstrating strong interest in the company among hedge funds and other large investors.

Natixis Advisors LLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 33.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 151,004 shares of the communications equipment provider's stock after purchasing an additional 37,609 shares during the period. Natixis Advisors LLC owned approximately 0.09% of Motorola Solutions worth $66,111,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Mesirow Financial Investment Management Inc. grew its position in Motorola Solutions by 24.1% during the first quarter. Mesirow Financial Investment Management Inc. now owns 4,906 shares of the communications equipment provider's stock valued at $2,148,000 after buying an additional 954 shares during the period. Arkadios Wealth Advisors grew its position in shares of Motorola Solutions by 2.5% during the 1st quarter. Arkadios Wealth Advisors now owns 4,612 shares of the communications equipment provider's stock valued at $2,019,000 after acquiring an additional 111 shares during the period. Pacific Capital Partners Ltd purchased a new position in shares of Motorola Solutions in the 1st quarter valued at about $891,000. XTX Topco Ltd increased its stake in shares of Motorola Solutions by 322.9% in the 1st quarter. XTX Topco Ltd now owns 7,232 shares of the communications equipment provider's stock valued at $3,166,000 after purchasing an additional 5,522 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in Motorola Solutions in the 1st quarter worth about $3,050,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MSI shares. Wolfe Research started coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating for the company. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Barclays reduced their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, UBS Group assumed coverage on Motorola Solutions in a report on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Insider Buying and Selling

In other Motorola Solutions 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 transaction, the chief accounting officer owned 804 shares of the company's stock, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Stock Up 0.8%

Shares of MSI stock traded up $3.57 during trading hours on Monday, reaching $440.28. 466,504 shares of the stock were exchanged, compared to its average volume of 892,598. The business's fifty day moving average is $418.71 and its two-hundred day moving average is $428.17. The firm has a market capitalization of $73.49 billion, a P/E ratio of 36.77, a P/E/G ratio of 3.76 and a beta of 0.97. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03.

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

Motorola Solutions Dividend Announcement

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

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.