Nomura Asset Management Co. Ltd. lifted its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 8.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,661 shares of the communications equipment provider’s stock after buying an additional 1,790 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Motorola Solutions were worth $2,008,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Gyroscope Capital Management Group LLC grew its holdings in Motorola Solutions by 1.0% during the 2nd quarter. Gyroscope Capital Management Group LLC now owns 3,347 shares of the communications equipment provider’s stock valued at $290,000 after buying an additional 32 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Motorola Solutions by 0.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,266 shares of the communications equipment provider’s stock valued at $977,000 after buying an additional 55 shares during the last quarter. D.A. Davidson & CO. increased its holdings in Motorola Solutions by 2.4% in the second quarter. D.A. Davidson & CO. now owns 2,473 shares of the communications equipment provider’s stock valued at $214,000 after buying an additional 59 shares during the last quarter. Wetherby Asset Management Inc. increased its holdings in Motorola Solutions by 1.8% in the second quarter. Wetherby Asset Management Inc. now owns 3,748 shares of the communications equipment provider’s stock valued at $325,000 after buying an additional 65 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Motorola Solutions by 1.6% in the second quarter. Oppenheimer & Co. Inc. now owns 4,569 shares of the communications equipment provider’s stock valued at $396,000 after buying an additional 73 shares during the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Shares of Motorola Solutions Inc (NYSE MSI) traded up $1.04 during midday trading on Wednesday, hitting $93.37. The stock had a trading volume of 872,700 shares, compared to its average volume of 1,072,390. The company has a debt-to-equity ratio of -5.41, a quick ratio of 1.16 and a current ratio of 1.30. The firm has a market capitalization of $14,957.44, a P/E ratio of 17.96, 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.

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, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.37 earnings per share. equities research analysts forecast that Motorola Solutions Inc will post 5.14 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.23%. Motorola Solutions’s payout ratio is currently 48.08%.

A number of brokerages have commented on MSI. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Thursday, November 9th. Jefferies Group lifted their target price on Motorola Solutions from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Finally, Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a research note on Friday, October 6th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $95.08.

In other news, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $92.41, for a total transaction of $546,697.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 75,019 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $90.91, for a total value of $6,819,977.29. Following the transaction, the chief executive officer now owns 183,312 shares of the company’s stock, valued at $16,664,893.92. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 359,286 shares of company stock valued at $33,178,275. Insiders own 2.50% of the company’s stock.

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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.

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

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