Commerce Bank Decreases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Commerce Bank trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 12.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193,109 shares of the communications equipment provider’s stock after selling 27,216 shares during the period. Commerce Bank’s holdings in Motorola Solutions were worth $86,828,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC lifted its position in Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the period. Swedbank AB raised its stake in shares of Motorola Solutions by 215.7% in the second quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after purchasing an additional 699,615 shares during the last quarter. Wulff Hansen & CO. lifted its holdings in shares of Motorola Solutions by 38,505.0% during the second quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after purchasing an additional 694,630 shares during the period. Mizuho Securities USA LLC boosted its position in Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after buying an additional 572,040 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in Motorola Solutions by 428.2% in the 2nd quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock worth $193,798,000 after buying an additional 406,638 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Jefferies Financial Group boosted their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Evercore ISI increased their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $493.43.

Motorola Solutions Trading Down 0.6 %

Shares of Motorola Solutions stock opened at $487.46 on Wednesday. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The firm’s 50-day moving average price is $462.39 and its 200 day moving average price is $417.32. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The firm has a market capitalization of $81.46 billion, a PE ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.89%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio is 42.94%.

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.