Stifel Financial Corp grew its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,525 shares of the communications equipment provider’s stock after purchasing an additional 4,349 shares during the quarter. Stifel Financial Corp’s holdings in Motorola Solutions were worth $5,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sun Life Financial INC boosted its stake in Motorola Solutions by 14,800.0% during the 2nd quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after purchasing an additional 1,184 shares during the last quarter. Acrospire Investment Management LLC raised its holdings in shares of Motorola Solutions by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after acquiring an additional 300 shares during the period. Grove Bank & Trust raised its holdings in shares of Motorola Solutions by 731.0% during the 3rd quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock worth $102,000 after acquiring an additional 1,060 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Motorola Solutions during the 3rd quarter worth $187,000. Finally, Williams Jones & Associates LLC purchased a new position in shares of Motorola Solutions during the 2nd quarter worth $201,000. 87.86% of the stock is currently owned by institutional investors.

Several research analysts have recently commented on MSI shares. Jefferies Group lifted their price target on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Finally, Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a report on Friday, October 6th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $95.08.

In related news, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $92.41, for a total value of $546,697.56. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gregory Q. Brown sold 75,019 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $90.91, for a total transaction of $6,819,977.29. Following the completion of the sale, the chief executive officer now owns 183,312 shares in the company, valued at $16,664,893.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 359,286 shares of company stock worth $33,178,275. 2.50% of the stock is owned by insiders.

Motorola Solutions Inc (NYSE MSI) opened at $93.15 on Friday. The company has a market capitalization of $14,936.38, a price-to-earnings ratio of 17.94, a PEG ratio of 4.11 and a beta of 0.35. Motorola Solutions Inc has a fifty-two week low of $76.92 and a fifty-two week high of $94.96. The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.13. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.58 billion. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. Motorola Solutions’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.37 EPS. research analysts expect that Motorola Solutions Inc will post 5.13 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be issued a $0.52 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a yield of 2.23%. The ex-dividend date is Thursday, December 14th. Motorola Solutions’s payout ratio is 53.20%.

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Motorola Solutions Company Profile

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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