ING Groep NV Acquires 1,034 Shares of Motorola Solutions, Inc. (NYSE:MSI)

ING Groep NV boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,321 shares of the communications equipment provider’s stock after acquiring an additional 1,034 shares during the period. ING Groep NV’s holdings in Motorola Solutions were worth $19,825,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC bought a new position in Motorola Solutions during the fourth quarter worth about $29,000. Northwest Capital Management Inc lifted its holdings in Motorola Solutions by 71.4% during the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at about $36,000. Bruce G. Allen Investments LLC bought a new stake in shares of Motorola Solutions in the fourth quarter valued at about $38,000. Finally, BOK Financial Private Wealth Inc. boosted its position in shares of Motorola Solutions by 73.2% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after buying an additional 52 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSI has been the topic of several research reports. Evercore ISI initiated coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $357.43.

Read Our Latest Report on Motorola Solutions

Motorola Solutions Stock Performance

NYSE:MSI traded up $1.39 on Friday, hitting $367.80. The company’s stock had a trading volume of 423,929 shares, compared to its average volume of 878,142. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $369.59. The firm has a market capitalization of $61.35 billion, a P/E ratio of 45.46, a price-to-earnings-growth ratio of 3.22 and a beta of 0.91. The stock has a fifty day moving average of $348.96 and a two-hundred day moving average of $329.74. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.07%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s dividend payout ratio is 48.45%.

Insiders Place Their Bets

In related news, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares in the company, valued at approximately $4,650,156.74. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Katherine A. Maher sold 2,615 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the sale, the chief accounting officer now directly owns 1,138 shares of the company’s stock, valued at $403,625.84. The disclosure for this sale can be found here. Insiders sold a total of 8,169 shares of company stock valued at $2,803,460 over the last ninety days. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Company Profile

(Free Report)

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.

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

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