Natixis Advisors LLC Acquires 37,609 Shares of 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 lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 33.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,004 shares of the communications equipment provider's stock after acquiring an additional 37,609 shares during the period. Natixis Advisors LLC owned approximately 0.09% of Motorola Solutions worth $66,111,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. ORG Wealth Partners LLC grew its holdings in Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions in the 4th quarter worth about $32,000. Community Bank N.A. bought a new position in shares of Motorola Solutions in the 1st quarter worth about $32,000. Fourth Dimension Wealth LLC bought a new position in shares of Motorola Solutions in the 4th quarter worth about $34,000. Finally, Fort Vancouver Investment Management LLC bought a new position in shares of Motorola Solutions in the 1st quarter worth about $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on MSI shares. UBS Group started coverage on shares of Motorola Solutions in a research report on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price objective on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Barclays decreased their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report 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, William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Three 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 stock presently has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Motorola Solutions Price Performance

Shares of MSI traded down $1.90 during trading hours on Friday, hitting $437.08. The stock had a trading volume of 1,173,440 shares, compared to its average volume of 746,299. The company's fifty day moving average is $418.71 and its two-hundred day moving average is $428.62. 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, Inc. has a 52 week low of $388.90 and a 52 week high of $507.82. The stock has a market capitalization of $72.96 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 3.78 and a beta of 0.97.

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

Motorola Solutions Dividend Announcement

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

Insider Buying and Selling

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 shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.44% of the stock is currently 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.