Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Fiera Capital Corp

Fiera Capital Corp raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,070 shares of the communications equipment provider's stock after buying an additional 2,396 shares during the quarter. Fiera Capital Corp's holdings in Motorola Solutions were worth $13,970,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Summit Global Investments grew its holdings in shares of Motorola Solutions by 115.5% during the third quarter. Summit Global Investments now owns 22,715 shares of the communications equipment provider's stock worth $10,213,000 after buying an additional 12,173 shares in the last quarter. Consolidated Planning Corp grew its holdings in shares of Motorola Solutions by 10.9% in the third quarter. Consolidated Planning Corp now owns 20,974 shares of the communications equipment provider's stock valued at $9,431,000 after purchasing an additional 2,057 shares during the period. Washington Trust Bank grew its holdings in shares of Motorola Solutions by 9.9% in the third quarter. Washington Trust Bank now owns 712 shares of the communications equipment provider's stock valued at $320,000 after purchasing an additional 64 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Motorola Solutions by 4.8% in the third quarter. Principal Financial Group Inc. now owns 219,717 shares of the communications equipment provider's stock valued at $98,791,000 after purchasing an additional 10,096 shares during the period. Finally, Advisor Resource Council purchased a new stake in shares of Motorola Solutions in the third quarter valued at about $207,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a "buy" rating in a report on Tuesday, August 6th. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a report on Friday. Evercore ISI upped their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an "outperform" rating in a research report on Friday, August 30th. Finally, Barclays upped their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a research report on Friday. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $493.43.

Motorola Solutions Stock Up 7.4 %

Shares of MSI traded up $34.65 during mid-day trading on Friday, hitting $504.60. 1,185,681 shares of the company's stock were exchanged, compared to its average volume of 636,371. The company has a market cap of $84.19 billion, a price-to-earnings ratio of 59.09, a P/E/G ratio of 3.95 and a beta of 0.97. Motorola Solutions, Inc. has a fifty-two week low of $305.73 and a fifty-two week high of $506.72. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. The stock's 50-day moving average is $454.67 and its 200-day moving average is $409.07.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were issued a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.78%. Motorola Solutions's dividend payout ratio (DPR) is 45.90%.

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.