Nisa Investment Advisors LLC Boosts Position in Motorola Solutions, Inc. (MSI)

Nisa Investment Advisors LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 19.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 109,568 shares of the communications equipment provider’s stock after buying an additional 18,071 shares during the period. Nisa Investment Advisors LLC owned about 0.07% of Motorola Solutions worth $9,478,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Cleararc Capital Inc. boosted its stake in shares of Motorola Solutions by 0.5% in the first quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock valued at $349,000 after buying an additional 22 shares during the last quarter. Signaturefd LLC boosted its position in Motorola Solutions by 1.3% in the first quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock valued at $286,000 after buying an additional 42 shares in the last quarter. Capital Investment Advisors LLC boosted its position in Motorola Solutions by 1.5% in the second quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock valued at $268,000 after buying an additional 46 shares in the last quarter. HighPoint Advisor Group LLC boosted its position in Motorola Solutions by 0.5% in the fourth quarter. HighPoint Advisor Group LLC now owns 10,898 shares of the communications equipment provider’s stock valued at $872,000 after buying an additional 50 shares in the last quarter. Finally, Mason Street Advisors LLC boosted its position in Motorola Solutions by 0.3% in the first quarter. Mason Street Advisors LLC now owns 22,766 shares of the communications equipment provider’s stock valued at $1,963,000 after buying an additional 63 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors.

Shares of Motorola Solutions, Inc. (MSI) traded up 0.56% during trading on Friday, reaching $87.48. 806,014 shares of the company’s stock traded hands. The company has a 50 day moving average price of $88.93 and a 200 day moving average price of $84.60. Motorola Solutions, Inc. has a 1-year low of $71.24 and a 1-year high of $93.75. The stock has a market capitalization of $14.23 billion, a PE ratio of 23.07 and a beta of 0.32.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.07. Motorola Solutions had a negative return on equity of 93.44% and a net margin of 10.38%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the previous year, the firm earned $1.03 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities analysts forecast that Motorola Solutions, Inc. will post $5.28 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were issued a $0.47 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.15%. Motorola Solutions’s dividend payout ratio (DPR) is 49.60%.

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Several equities analysts recently issued reports on MSI shares. BMO Capital Markets upped their target price on shares of Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. BidaskClub raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Zacks Investment Research cut shares of Motorola Solutions from a “buy” rating to a “sell” rating in a research report on Tuesday, August 1st. Cowen and Company decreased their target price on shares of Motorola Solutions from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Friday, May 5th. Finally, Credit Suisse Group upped their target price on shares of Motorola Solutions from $90.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, May 15th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $94.33.

In related news, EVP Eduardo F. Conrado sold 6,998 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the sale, the executive vice president now owns 22,858 shares in the company, valued at $2,037,333.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Bruce W. Brda sold 25,299 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.11, for a total value of $2,254,393.89. Following the sale, the executive vice president now owns 23,829 shares in the company, valued at approximately $2,123,402.19. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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

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