Mitsubishi UFJ Trust & Banking Corp raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 21.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 513,418 shares of the communications equipment provider’s stock after buying an additional 91,930 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.32% of Motorola Solutions worth $44,534,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Cleararc Capital Inc. raised its position in Motorola Solutions by 0.5% in the first quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock worth $349,000 after buying an additional 22 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Motorola Solutions by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock worth $903,000 after buying an additional 34 shares in the last quarter. Signaturefd LLC raised its position in Motorola Solutions by 1.3% in the first quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock worth $286,000 after buying an additional 42 shares in the last quarter. Pitcairn Co. raised its position in Motorola Solutions by 0.5% in the second quarter. Pitcairn Co. now owns 8,990 shares of the communications equipment provider’s stock worth $779,000 after buying an additional 42 shares in the last quarter. Finally, Capital Investment Advisors LLC raised its position in Motorola Solutions by 1.5% in the second quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock worth $268,000 after buying an additional 46 shares in the last quarter. 87.68% of the stock is owned by institutional investors.

Shares of Motorola Solutions, Inc. (NYSE MSI) opened at 86.94 on Wednesday. The company has a 50-day moving average of $88.86 and a 200-day moving average of $84.95. Motorola Solutions, Inc. has a 1-year low of $71.24 and a 1-year high of $93.75. The firm has a market cap of $14.14 billion, a PE ratio of 22.93 and a beta of 0.32.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 15th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Thursday, September 14th. Motorola Solutions’s payout ratio is 49.60%.

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A number of research firms have issued reports on MSI. UBS AG raised shares of Motorola Solutions from a “market perform” rating to an “outperform” rating in a research report on Monday, May 22nd. Cowen and Company reaffirmed a “market perform” rating and set a $83.00 target price (up from $75.00) on shares of Motorola Solutions in a report on Wednesday, August 9th. Deutsche Bank AG lifted their target price on shares of Motorola Solutions from $73.00 to $78.00 and gave the company a “hold” rating in a report on Monday, August 7th. Zacks Investment Research raised shares of Motorola Solutions from a “sell” rating to a “hold” rating and set a $99.00 target price for the company in a report on Tuesday, August 8th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $102.00 target price (up from $93.00) on shares of Motorola Solutions in a report on Friday, May 5th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Motorola Solutions has an average rating of “Buy” and an average price target of $94.17.

In other Motorola Solutions news, EVP Bruce W. Brda sold 25,299 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.11, for a total value of $2,254,393.89. Following the sale, the executive vice president now directly owns 23,829 shares of the company’s stock, valued at approximately $2,123,402.19. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eduardo F. Conrado sold 6,998 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total value of $623,731.74. Following the completion of the sale, the executive vice president now directly owns 22,858 shares in the company, 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.

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

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