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

National Bank of Canada FI increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 62.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 245,873 shares of the communications equipment provider’s stock after purchasing an additional 94,924 shares during the quarter. National Bank of Canada FI owned 0.15% of Motorola Solutions worth $113,652,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. World Investment Advisors LLC boosted its stake in shares of Motorola Solutions by 5,403.9% in the 3rd 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 during the last quarter. Groupama Asset Managment boosted its position in Motorola Solutions by 8.6% in the third 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 during the last quarter. National Pension Service grew its stake in shares of Motorola Solutions by 22.9% during 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 bought a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $33,423,000. Finally, Merit Financial Group LLC lifted its stake in shares of Motorola Solutions by 26.4% in the 4th 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. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MSI. Morgan Stanley upped their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $436.15 on Wednesday. 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 52 week low of $332.98 and a 52 week high of $507.82. The stock’s 50-day simple moving average is $442.30 and its 200-day simple moving average is $459.57. The company has a market capitalization of $72.81 billion, a price-to-earnings ratio of 47.31, a PEG ratio of 3.82 and a beta of 1.03.

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

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. Motorola Solutions’s dividend payout ratio 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.