Capital Research Global Investors increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,298,922 shares of the communications equipment provider’s stock after acquiring an additional 1,551 shares during the quarter. Capital Research Global Investors owned about 1.41% of Motorola Solutions worth $199,408,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Zurich Insurance Group Ltd FI boosted its stake in Motorola Solutions by 86.1% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 28,187 shares of the communications equipment provider’s stock worth $2,445,000 after acquiring an additional 13,039 shares during the last quarter. 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 acquiring an additional 1,184 shares during the last quarter. QS Investors LLC boosted its stake in Motorola Solutions by 2.4% during the 2nd quarter. QS Investors LLC now owns 22,759 shares of the communications equipment provider’s stock worth $1,974,000 after acquiring an additional 541 shares during the last quarter. Stifel Financial Corp boosted its stake in Motorola Solutions by 1.6% during the 2nd quarter. Stifel Financial Corp now owns 55,176 shares of the communications equipment provider’s stock worth $4,787,000 after acquiring an additional 893 shares during the last quarter. Finally, Brandywine Global Investment Management LLC boosted its stake in Motorola Solutions by 5.7% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 148,210 shares of the communications equipment provider’s stock worth $12,856,000 after acquiring an additional 7,930 shares during the last quarter. 87.68% of the stock is currently owned by institutional investors and hedge funds.

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Motorola Solutions, Inc. (MSI) traded up 0.78% during mid-day trading on Thursday, hitting $86.31. 43,655 shares of the stock were exchanged. The company has a market capitalization of $14.04 billion, a PE ratio of 22.76 and a beta of 0.31. Motorola Solutions, Inc. has a 1-year low of $71.24 and a 1-year high of $93.75. The stock has a 50 day moving average price of $86.03 and a 200 day moving average price of $86.05.

Motorola Solutions (NYSE:MSI) last issued its 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 company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the business earned $1.03 EPS. Motorola Solutions’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Motorola Solutions, Inc. will post $5.29 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 15th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Thursday, September 14th. Motorola Solutions’s payout ratio is currently 49.60%.

MSI has been the topic of a number of research reports. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $96.00 price target on the stock in a research note on Wednesday, September 20th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Motorola Solutions in a research note on Thursday, August 31st. ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Cowen and Company reaffirmed a “market perform” rating and issued a $83.00 price target (up previously from $75.00) on shares of Motorola Solutions in a research note on Wednesday, August 9th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Motorola Solutions presently has a consensus rating of “Buy” and a consensus target price of $94.08.

In related news, EVP Bruce W. Brda sold 25,299 shares of the stock in a transaction on 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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Eduardo F. Conrado sold 6,998 shares of the stock in a transaction on Tuesday, August 8th. The shares were 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 of the company’s stock, valued at $2,037,333.54. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

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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