Harel Insurance Investments & Financial Services Ltd. Purchases 7,690 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 150.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,787 shares of the communications equipment provider's stock after buying an additional 7,690 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in Motorola Solutions were worth $3,993,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Lecap Asset Management Ltd. bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $621,000. Triasima Portfolio Management inc. increased its position in shares of Motorola Solutions by 15.3% during the fourth quarter. Triasima Portfolio Management inc. now owns 5,935 shares of the communications equipment provider's stock worth $1,858,000 after acquiring an additional 789 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of Motorola Solutions during the fourth quarter worth $3,131,000. Simplicity Solutions LLC increased its position in shares of Motorola Solutions by 4.1% during the fourth quarter. Simplicity Solutions LLC now owns 2,700 shares of the communications equipment provider's stock worth $845,000 after acquiring an additional 107 shares in the last quarter. Finally, Graypoint LLC bought a new stake in shares of Motorola Solutions during the fourth quarter worth $245,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday. Evercore ISI started coverage on shares of Motorola Solutions in a report on Monday, March 25th. They set an "outperform" rating and a $400.00 target price for the company. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Friday, February 9th. Barclays increased their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an "overweight" rating in a report on Tuesday, January 2nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They issued a "buy" rating and a $350.00 price target for the company. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $348.38.

Motorola Solutions Trading Down 1.4 %

NYSE:MSI traded down $4.93 during mid-day trading on Friday, hitting $343.81. 413,844 shares of the company's stock were exchanged, compared to its average volume of 550,531. The company has a 50 day simple moving average of $337.97 and a 200-day simple moving average of $317.82. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The firm has a market capitalization of $57.11 billion, a P/E ratio of 34.62, a PEG ratio of 3.17 and a beta of 0.90.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same period last year, the company earned $3.38 EPS. The firm's revenue was up 5.2% compared to the same quarter last year. As a group, research analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 15th will be given a $0.98 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.14%. Motorola Solutions's dividend payout ratio (DPR) is currently 39.48%.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company's stock.

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.