Motorola Solutions, Inc. $MSI Shares Purchased by Northern Trust Corp

Northern Trust Corp boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,969,450 shares of the communications equipment provider’s stock after buying an additional 100,891 shares during the period. Northern Trust Corp owned 1.18% of Motorola Solutions worth $862,245,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth $208,000. Freedom Investment Management Inc. raised its position in Motorola Solutions by 59.1% during the fourth quarter. Freedom Investment Management Inc. now owns 1,055 shares of the communications equipment provider’s stock worth $488,000 after acquiring an additional 392 shares during the last quarter. MML Investors Services LLC raised its position in Motorola Solutions by 23.3% during the fourth quarter. MML Investors Services LLC now owns 29,960 shares of the communications equipment provider’s stock worth $13,849,000 after acquiring an additional 5,655 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Motorola Solutions by 12.4% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 436 shares of the communications equipment provider’s stock valued at $202,000 after purchasing an additional 48 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of Motorola Solutions by 73.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,331 shares of the communications equipment provider’s stock valued at $4,313,000 after purchasing an additional 3,944 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the business’s stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares of the company’s stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $463.05, for a total transaction of $38,324,333.25. Following the completion of the transaction, the chief executive officer owned 57,836 shares of the company’s stock, valued at $26,780,959.80. This trade represents a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 101,438 shares of company stock worth $46,865,881 over the last three months. 1.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on MSI. Wolfe Research initiated coverage on Motorola Solutions in a research note on Monday, July 7th. They issued a “peer perform” rating on the stock. UBS Group upped their price objective on Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, Barclays decreased their price target on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $512.67.

Motorola Solutions Trading Up 0.2%

Shares of MSI stock opened at $461.42 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82. The firm’s 50 day moving average price is $426.84 and its two-hundred day moving average price is $427.06. The stock has a market cap of $76.87 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 3.74 and a beta of 0.97. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.36 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the prior year, the company earned $3.24 EPS. The firm’s revenue was up 5.2% on a year-over-year basis. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions 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.