Swiss National Bank raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 806,578 shares of the communications equipment provider’s stock after buying an additional 47,300 shares during the period. Swiss National Bank owned about 0.50% of Motorola Solutions worth $69,963,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Lazard Asset Management LLC raised its position in shares of Motorola Solutions by 54.6% in the first quarter. Lazard Asset Management LLC now owns 8,988,989 shares of the communications equipment provider’s stock worth $775,030,000 after buying an additional 3,174,388 shares during the period. Renaissance Technologies LLC increased its stake in Motorola Solutions by 51.5% in the first quarter. Renaissance Technologies LLC now owns 1,797,415 shares of the communications equipment provider’s stock worth $154,973,000 after buying an additional 610,650 shares in the last quarter. Vanguard Group Inc. increased its stake in Motorola Solutions by 2.8% in the first quarter. Vanguard Group Inc. now owns 16,036,418 shares of the communications equipment provider’s stock worth $1,382,661,000 after buying an additional 444,109 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Motorola Solutions by 209.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 591,919 shares of the communications equipment provider’s stock worth $51,036,000 after buying an additional 400,519 shares in the last quarter. Finally, Morgan Stanley increased its stake in Motorola Solutions by 75.0% in the first quarter. Morgan Stanley now owns 677,413 shares of the communications equipment provider’s stock worth $58,406,000 after buying an additional 290,336 shares in the last quarter. 87.68% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions, Inc. (MSI) opened at 87.87 on Friday. The company’s 50 day moving average price is $88.82 and its 200-day moving average price is $85.29. The company has a market capitalization of $14.29 billion, a P/E ratio of 23.17 and a beta of 0.33. Motorola Solutions, Inc. has a 52 week low of $71.24 and a 52 week high of $93.75.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.07. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Motorola Solutions had a negative return on equity of 93.44% and a net margin of 10.38%. Motorola Solutions’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.03 earnings per share. Equities research analysts expect that Motorola Solutions, Inc. will post $5.29 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 15th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.14%. The ex-dividend date is Thursday, September 14th. Motorola Solutions’s dividend payout ratio is currently 49.60%.

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MSI has been the subject of a number of recent research reports. Gabelli upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, May 8th. Raymond James Financial, Inc. upgraded Motorola Solutions from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $62.76 to $95.00 in a research note on Monday, May 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $102.00 price target for the company in a research note on Thursday, July 27th. BMO Capital Markets restated a “buy” rating on shares of Motorola Solutions in a research note on Friday, June 23rd. Finally, Cowen and Company cut their price target on Motorola Solutions from $77.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, May 15th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Motorola Solutions has an average rating of “Buy” and a consensus target price of $94.17.

In related news, EVP Bruce W. Brda sold 25,299 shares of Motorola Solutions stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the completion of the transaction, the executive vice president now directly owns 23,829 shares in the company, valued at $2,123,402.19. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Eduardo F. Conrado sold 6,998 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total value of $623,731.74. Following the transaction, the executive vice president now owns 22,858 shares of the company’s stock, valued at $2,037,333.54. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.

About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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