Motorola Solutions Inc (MSI) Shares Bought by First Republic Investment Management Inc.

First Republic Investment Management Inc. grew its position in shares of Motorola Solutions Inc (NYSE:MSI) by 5.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 6,639 shares of the communications equipment provider’s stock after purchasing an additional 372 shares during the period. First Republic Investment Management Inc.’s holdings in Motorola Solutions were worth $932,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the company. BlackRock Inc. increased its position in shares of Motorola Solutions by 0.5% during the 4th quarter. BlackRock Inc. now owns 18,635,987 shares of the communications equipment provider’s stock valued at $2,143,884,000 after purchasing an additional 95,399 shares during the period. Vanguard Group Inc boosted its stake in shares of Motorola Solutions by 1.7% during the 3rd quarter. Vanguard Group Inc now owns 17,158,918 shares of the communications equipment provider’s stock worth $2,233,062,000 after acquiring an additional 280,698 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Motorola Solutions by 10,544.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,378,307 shares of the communications equipment provider’s stock worth $38,000 after acquiring an additional 4,337,175 shares in the last quarter. Parnassus Investments CA boosted its stake in shares of Motorola Solutions by 1.1% during the 4th quarter. Parnassus Investments CA now owns 4,265,162 shares of the communications equipment provider’s stock worth $490,664,000 after acquiring an additional 44,686 shares in the last quarter. Finally, APG Asset Management N.V. boosted its stake in shares of Motorola Solutions by 2.3% during the 4th quarter. APG Asset Management N.V. now owns 2,775,493 shares of the communications equipment provider’s stock worth $279,310,000 after acquiring an additional 61,800 shares in the last quarter. Institutional investors own 87.07% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, April 10th. MKM Partners raised their price objective on Motorola Solutions to $143.00 and gave the stock a “neutral” rating in a research note on Monday, May 6th. ValuEngine raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. Raymond James set a $139.00 price objective on Motorola Solutions and gave the stock a “buy” rating in a research note on Friday, February 8th. Finally, TheStreet raised Motorola Solutions from a “c+” rating to a “b-” rating in a research note on Tuesday, February 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $139.39.



In related news, EVP Kelly S. Mark sold 13,600 shares of Motorola Solutions stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of $142.71, for a total transaction of $1,940,856.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John P. Molloy sold 79,995 shares of Motorola Solutions stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $139.42, for a total value of $11,152,902.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 153,092 shares of company stock valued at $21,478,871. 2.99% of the stock is currently owned by insiders.

Shares of Motorola Solutions stock opened at $143.23 on Tuesday. The firm has a market capitalization of $24.46 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 2.56 and a beta of 0.59. Motorola Solutions Inc has a 12 month low of $105.89 and a 12 month high of $148.50.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, May 2nd. The communications equipment provider reported $1.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.20. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Motorola Solutions had a negative return on equity of 91.61% and a net margin of 13.29%. Motorola Solutions’s revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 earnings per share. Research analysts expect that Motorola Solutions Inc will post 7.41 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.59%. Motorola Solutions’s dividend payout ratio (DPR) is presently 33.38%.

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Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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

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