Achmea Investment Management B.V. Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Achmea Investment Management B.V. lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,931 shares of the communications equipment provider’s stock after buying an additional 2,761 shares during the period. Achmea Investment Management B.V.’s holdings in Motorola Solutions were worth $25,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management LLC raised its position 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 valued at $26,000 after purchasing an additional 28 shares during the period. Range Financial Group LLC boosted its stake in Motorola Solutions by 2.0% during the second quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider’s stock worth $550,000 after buying an additional 28 shares during the period. Pinnacle Associates Ltd. increased its position in shares of Motorola Solutions by 2.5% during the first quarter. Pinnacle Associates Ltd. now owns 1,228 shares of the communications equipment provider’s stock valued at $436,000 after acquiring an additional 30 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in shares of Motorola Solutions by 1.0% in the 1st quarter. Rehmann Capital Advisory Group now owns 2,910 shares of the communications equipment provider’s stock valued at $1,033,000 after acquiring an additional 30 shares during the period. Finally, Forum Financial Management LP raised its stake in shares of Motorola Solutions by 2.3% in the 2nd quarter. Forum Financial Management LP now owns 1,350 shares of the communications equipment provider’s stock valued at $521,000 after acquiring an additional 30 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSI. Bank of America lifted their target price on shares of Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Barclays increased their target price on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, Jefferies Financial Group boosted their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $466.17.

Insider Activity

In related news, COO John P. Molloy sold 23,985 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now owns 46,821 shares in the company, valued at $19,079,557.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Motorola Solutions Trading Down 0.5 %

MSI opened at $435.90 on Thursday. The business has a fifty day moving average price of $411.58 and a 200 day moving average price of $375.83. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $448.98. The stock has a market capitalization of $72.71 billion, a price-to-earnings ratio of 53.88, a PEG ratio of 3.76 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.23. The business had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.41 earnings per share. Sell-side analysts expect that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.90%. Motorola Solutions’s payout ratio is 48.45%.

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.