CIBC Asset Management Inc raised its position in Motorola Solutions Inc (NYSE:MSI) by 2.5% in the 4th quarter, HoldingsChannel reports. The fund owned 28,752 shares of the communications equipment provider’s stock after acquiring an additional 709 shares during the quarter. CIBC Asset Management Inc’s holdings in Motorola Solutions were worth $2,597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSI. WINTON GROUP Ltd grew its position in shares of Motorola Solutions by 51.9% during the second quarter. WINTON GROUP Ltd now owns 164,129 shares of the communications equipment provider’s stock worth $14,237,000 after buying an additional 56,105 shares in the last quarter. Cubist Systematic Strategies LLC grew its position in shares of Motorola Solutions by 60.5% during the third quarter. Cubist Systematic Strategies LLC now owns 11,919 shares of the communications equipment provider’s stock worth $1,012,000 after buying an additional 4,495 shares in the last quarter. Swiss National Bank grew its position in shares of Motorola Solutions by 0.3% during the third quarter. Swiss National Bank now owns 809,178 shares of the communications equipment provider’s stock worth $68,675,000 after buying an additional 2,600 shares in the last quarter. Handelsbanken Fonder AB acquired a new position in shares of Motorola Solutions during the third quarter worth about $424,000. Finally, State of Wisconsin Investment Board grew its position in shares of Motorola Solutions by 135.8% during the third quarter. State of Wisconsin Investment Board now owns 63,201 shares of the communications equipment provider’s stock worth $5,364,000 after buying an additional 36,400 shares in the last quarter. 87.89% of the stock is owned by institutional investors.

Motorola Solutions Inc (NYSE:MSI) opened at $98.74 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of -2.56. The stock has a market capitalization of $16,000.00, a P/E ratio of -92.28, a P/E/G ratio of 2.06 and a beta of 0.40. Motorola Solutions Inc has a fifty-two week low of $77.23 and a fifty-two week high of $107.78.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.04 by $0.06. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.03 earnings per share. equities analysts anticipate that Motorola Solutions Inc will post 6.24 EPS for the current fiscal year.

A number of brokerages have recently commented on MSI. MKM Partners boosted their price objective on Motorola Solutions to $116.00 and gave the stock a “neutral” rating in a research report on Monday. Citigroup boosted their price objective on Motorola Solutions from $112.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. BMO Capital Markets boosted their price objective on Motorola Solutions from $102.00 to $116.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a research report on Wednesday, January 17th. Finally, Deutsche Bank raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Friday, January 12th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $102.10.

In related news, CAO John K. Wozniak sold 45,577 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $104.90, for a total value of $4,781,027.30. Following the completion of the transaction, the chief accounting officer now directly owns 20,099 shares of the company’s stock, valued at $2,108,385.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gregory Q. Brown sold 75,019 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $90.91, for a total value of $6,819,977.29. Following the completion of the transaction, the chief executive officer now directly owns 183,312 shares of the company’s stock, valued at $16,664,893.92. The disclosure for this sale can be found here. Insiders sold 1,375,837 shares of company stock valued at $54,195,434 over the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

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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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