National Bank of Canada FI Acquires 94,924 Shares of Motorola Solutions, Inc. (NYSE:MSI)

National Bank of Canada FI increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 62.9% in the fourth quarter, Holdings Channel.com reports. The fund 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’s holdings in Motorola Solutions were worth $113,652,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Center for Financial Planning Inc. raised its holdings in shares of Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after purchasing an additional 25 shares in the last quarter. Prestige Wealth Management Group LLC lifted its holdings in Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after buying an additional 25 shares during the period. Hazlett Burt & Watson Inc. boosted its position in Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after acquiring an additional 25 shares in the last quarter. Wesbanco Bank Inc. increased its holdings in shares of Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock valued at $596,000 after acquiring an additional 26 shares during the period. Finally, Premier Path Wealth Partners LLC raised its position in shares of Motorola Solutions by 1.6% in the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock worth $769,000 after acquiring an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.4 %

Shares of Motorola Solutions stock opened at $436.15 on Wednesday. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm’s 50 day simple moving average is $442.30 and its two-hundred day simple moving average is $459.57. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm 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 released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate 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. Analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

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 is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.00%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

Several research firms have issued reports on MSI. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions 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.