Caisse DE Depot ET Placement DU Quebec Buys 125,351 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Caisse DE Depot ET Placement DU Quebec lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 44.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 406,910 shares of the communications equipment provider’s stock after acquiring an additional 125,351 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.24% of Motorola Solutions worth $182,959,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MFA Wealth Advisors LLC purchased a new position in Motorola Solutions during the second quarter valued at $25,000. Beacon Capital Management LLC grew its holdings in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the period. LRI Investments LLC increased its stake in shares of Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.2 %

Shares of MSI stock opened at $499.82 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The stock has a market capitalization of $83.53 billion, a P/E ratio of 54.74, a P/E/G ratio of 3.97 and a beta of 0.97. The firm’s 50 day moving average is $471.53 and its 200 day moving average is $424.21.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Research analysts expect that Motorola Solutions, Inc. will post 12.48 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is presently 47.75%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on MSI shares. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday. Bank of America upped their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Evercore ISI lifted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $506.29.

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.