Northwestern Mutual Wealth Management Co. grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,628 shares of the communications equipment provider’s stock after buying an additional 373 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Motorola Solutions were worth $1,009,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of MSI. Iat Reinsurance Co. LTD. acquired a new position in shares of Motorola Solutions during the first quarter valued at about $123,000. Mckinley Capital Management LLC Delaware acquired a new position in shares of Motorola Solutions during the first quarter valued at about $135,000. Exane Derivatives grew its holdings in shares of Motorola Solutions by 163.6% during the second quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock valued at $140,000 after buying an additional 1,001 shares during the last quarter. Smithfield Trust Co. grew its holdings in shares of Motorola Solutions by 2.7% during the second quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock valued at $173,000 after buying an additional 53 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new position in shares of Motorola Solutions during the first quarter valued at about $202,000. Hedge funds and other institutional investors own 87.70% of the company’s stock.

A number of research analysts have recently issued reports on the stock. UBS AG upgraded shares of Motorola Solutions from a “market perform” rating to an “outperform” rating in a report on Monday, May 22nd. Cowen and Company reiterated a “market perform” rating and set a $83.00 price objective (up from $75.00) on shares of Motorola Solutions in a report on Wednesday, August 9th. Jefferies Group LLC reiterated a “buy” rating and set a $105.00 price objective (up from $100.00) on shares of Motorola Solutions in a report on Wednesday, August 9th. Zacks Investment Research cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, September 5th. Finally, BMO Capital Markets lifted their price objective on shares of Motorola Solutions from $95.00 to $102.00 and gave the company an “outperform” rating in a report on Friday, August 4th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Motorola Solutions presently has an average rating of “Buy” and an average target price of $94.17.

Motorola Solutions, Inc. (NYSE:MSI) opened at 87.74 on Wednesday. The stock has a market capitalization of $14.27 billion, a PE ratio of 23.14 and a beta of 0.33. Motorola Solutions, Inc. has a 12-month low of $71.24 and a 12-month high of $93.75. The company’s 50-day moving average is $88.37 and its 200 day moving average is $85.63.

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

The company also recently disclosed 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 (DPR) is 49.60%.

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In related news, EVP Eduardo F. Conrado sold 6,998 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total transaction of $623,731.74. Following the sale, the executive vice president now directly owns 22,858 shares of the company’s stock, valued at approximately $2,037,333.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Bruce W. Brda sold 25,299 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the sale, the executive vice president now directly owns 23,829 shares in the company, valued at $2,123,402.19. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

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.

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

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