National Bank of Canada FI Sells 14,868 Shares of Motorola Solutions, Inc. (NYSE:MSI)

National Bank of Canada FI lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 23.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,998 shares of the communications equipment provider’s stock after selling 14,868 shares during the quarter. National Bank of Canada FI’s holdings in Motorola Solutions were worth $14,956,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Northwest Capital Management Inc lifted its position in shares of Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in Motorola Solutions during the fourth quarter worth $36,000. Bruce G. Allen Investments LLC acquired a new position in Motorola Solutions during the fourth quarter worth $38,000. BOK Financial Private Wealth Inc. increased its holdings in Motorola Solutions by 73.2% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after buying an additional 52 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Motorola Solutions during the third quarter worth $52,000. Institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

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

Analyst Upgrades and Downgrades

MSI has been the topic of a number of recent analyst reports. Barclays boosted their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $357.43.

Motorola Solutions Stock Performance

NYSE:MSI opened at $358.02 on Wednesday. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $358.20. The company has a market cap of $59.71 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 3.27 and a beta of 0.91. The stock has a fifty day moving average price of $344.39 and a 200-day moving average price of $325.32.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. The firm had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.38 EPS. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were issued a dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.09%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

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.