Handelsbanken Fonder AB Acquires 20,335 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Handelsbanken Fonder AB raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 40.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,221 shares of the communications equipment provider’s stock after purchasing an additional 20,335 shares during the quarter. Handelsbanken Fonder AB’s holdings in Motorola Solutions were worth $22,299,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. OmniStar Financial Group Inc. lifted its holdings in Motorola Solutions by 1.7% during the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock valued at $636,000 after purchasing an additional 33 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in Motorola Solutions by 21.3% during the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock valued at $58,000 after purchasing an additional 33 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in Motorola Solutions by 9.4% during the third quarter. AdvisorNet Financial Inc now owns 444 shares of the communications equipment provider’s stock valued at $121,000 after purchasing an additional 38 shares in the last quarter. Merit Financial Group LLC lifted its holdings in Motorola Solutions by 3.0% during the third quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock valued at $354,000 after purchasing an additional 38 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in Motorola Solutions by 4.8% during the fourth quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock valued at $264,000 after purchasing an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on MSI shares. Barclays lifted their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Evercore ISI initiated coverage on shares of Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price on the stock. Finally, William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.38.

Insider Transactions at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.26% of the company’s stock.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $345.23 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39. The company has a market cap of $57.35 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.14 and a beta of 0.90. The firm’s fifty day moving average is $339.67 and its 200 day moving average is $320.67.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the previous year, the business posted $3.38 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. Sell-side analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were issued a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is presently 39.48%.

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.