Canada Post Corp Registered Pension Plan Purchases New Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Canada Post Corp Registered Pension Plan acquired a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,501 shares of the communications equipment provider's stock, valued at approximately $1,156,000.

A number of other institutional investors have also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the 4th quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MSI. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $515.25.

Motorola Solutions Stock Performance

MSI stock traded up $0.14 during midday trading on Friday, hitting $420.59. 651,934 shares of the company traded hands, compared to its average volume of 777,090. The business has a 50 day simple moving average of $425.25 and a 200-day simple moving average of $456.47. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The stock has a market capitalization of $70.22 billion, a price-to-earnings ratio of 45.62, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

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.