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

National Bank of Canada FI lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 62.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 245,873 shares of the communications equipment provider's stock after buying an additional 94,924 shares during the quarter. National Bank of Canada FI owned about 0.15% of Motorola Solutions worth $113,652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. World Investment Advisors LLC lifted its holdings in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after buying an additional 35,071 shares in the last quarter. Groupama Asset Managment lifted its stake in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock worth $263,967,000 after purchasing an additional 46,731 shares in the last quarter. National Pension Service boosted its holdings in Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares during the period. Oddo BHF Asset Management Sas purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at $33,423,000. Finally, Merit Financial Group LLC increased its holdings in shares of Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after purchasing an additional 712 shares during the period. 84.17% of the stock is owned by institutional investors.

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Motorola Solutions Price Performance

NYSE MSI traded down $33.59 on Friday, reaching $401.91. 1,726,336 shares of the company's stock traded hands, compared to its average volume of 759,105. The stock has a market cap of $67.10 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The stock has a 50-day simple moving average of $439.25 and a 200 day simple moving average of $459.10. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

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

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on MSI. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note 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 research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $505.88.

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.