Desjardins Global Asset Management Inc. Has $219,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Desjardins Global Asset Management Inc. decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 699 shares of the communications equipment provider’s stock after selling 67 shares during the period. Desjardins Global Asset Management Inc.’s holdings in Motorola Solutions were worth $219,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Qube Research & Technologies Ltd raised its holdings in Motorola Solutions by 61.1% during the third quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after buying an additional 126,517 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of Motorola Solutions by 2.2% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock valued at $260,204,000 after purchasing an additional 17,807 shares during the last quarter. Sherbrooke Park Advisers LLC raised its holdings in shares of Motorola Solutions by 224.3% in the third quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock valued at $1,059,000 after purchasing an additional 2,691 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Motorola Solutions by 9.8% in the third quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock valued at $20,353,000 after purchasing an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co raised its holdings in shares of Motorola Solutions by 4.2% in the fourth quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock valued at $1,254,000 after purchasing an additional 162 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $339.46 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The firm has a market capitalization of $56.39 billion, a PE ratio of 34.19, a P/E/G ratio of 3.15 and a beta of 0.90. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $355.39. The company has a 50-day moving average price of $338.99 and a two-hundred day moving average price of $319.04.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business earned $3.38 earnings per share. Equities analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.15%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

Insider Activity

In other news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MSI has been the subject of several analyst reports. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. 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 for the company. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Evercore ISI initiated coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. Finally, Barclays increased their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average target price of $348.38.

About Motorola Solutions

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.