National Bank of Canada FI Decreases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

National Bank of Canada FI decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 23.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,998 shares of the communications equipment provider's stock after selling 14,868 shares during the quarter. National Bank of Canada FI's holdings in Motorola Solutions were worth $14,956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of MSI. Northwest Capital Management Inc grew its position in shares of Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider's stock valued at $30,000 after purchasing an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in Motorola Solutions during the 4th quarter valued at about $36,000. Bruce G. Allen Investments LLC purchased a new position in Motorola Solutions in the 4th quarter worth about $38,000. BOK Financial Private Wealth Inc. boosted its position in Motorola Solutions by 73.2% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider's stock worth $39,000 after purchasing an additional 52 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its stake in shares of Motorola Solutions by 21.3% during the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider's stock valued at $58,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Trading Up 0.2 %

MSI stock traded up $0.85 during mid-day trading on Wednesday, reaching $359.02. 765,042 shares of the stock traded hands, compared to its average volume of 669,352. The stock's fifty day moving average is $344.39 and its 200-day moving average is $325.32. The company has a market cap of $59.88 billion, a P/E ratio of 44.25, a P/E/G ratio of 3.27 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $361.68.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The company's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.38 EPS. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Thursday, March 14th. Motorola Solutions's dividend payout ratio is 48.45%.

Analyst Ratings Changes

A number of research firms have issued reports on MSI. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $400.00 to $405.00 and gave the stock an "overweight" rating in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $355.00 to $375.00 and gave the stock a "buy" rating in a report on Monday. Barclays increased their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an "overweight" rating in a research note on Friday, May 3rd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. 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.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $357.43.

Insiders Place Their Bets

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions 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 completion of the transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company's stock.

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.