Livforsakringsbolaget Skandia Omsesidigt Purchases 130 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,431 shares of the communications equipment provider’s stock after acquiring an additional 130 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Motorola Solutions were worth $449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $470,994,000. Alphinity Investment Management Pty Ltd bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $339,283,000. Ameriprise Financial Inc. raised its position in shares of Motorola Solutions by 67.8% during the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after buying an additional 482,023 shares during the last quarter. First Trust Advisors LP raised its position in shares of Motorola Solutions by 216.7% during the first quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider’s stock valued at $105,393,000 after buying an additional 297,740 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the third quarter valued at $77,388,000. Institutional investors own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

MSI has been the subject of a number of recent research reports. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price for the company. Barclays raised their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. JPMorgan Chase & Co. raised their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $348.38.

Motorola Solutions Stock Up 0.0 %

NYSE MSI opened at $340.59 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The company has a fifty day moving average of $338.77 and a two-hundred day moving average of $318.90. The firm has a market capitalization of $56.58 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 3.14 and a beta of 0.90. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. Motorola Solutions’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.38 earnings per share. On average, analysts predict that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.15%. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

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.