Fiera Capital Corp Buys 27,645 Shares of Motorola Solutions, Inc. $MSI

Fiera Capital Corp lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 54.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,084 shares of the communications equipment provider’s stock after acquiring an additional 27,645 shares during the quarter. Fiera Capital Corp’s holdings in Motorola Solutions were worth $35,707,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Valeo Financial Advisors LLC boosted its position in Motorola Solutions by 2.3% during the second quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after purchasing an additional 21 shares during the period. Advisors Capital Management LLC lifted its stake in shares of Motorola Solutions by 1.0% in the second quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock worth $1,031,000 after buying an additional 24 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 0.3% during the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock worth $3,833,000 after buying an additional 24 shares during the period. Rexford Capital Inc. grew its stake in Motorola Solutions by 0.6% in the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock valued at $1,780,000 after buying an additional 24 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in Motorola Solutions by 3.7% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 701 shares of the communications equipment provider’s stock worth $295,000 after acquiring an additional 25 shares during the period. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MSI. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Barclays increased their target price on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research report on Monday, December 1st. Morgan Stanley reiterated an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $497.14.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $462.95 on Friday. The firm has a market capitalization of $76.69 billion, a PE ratio of 36.28, a PEG ratio of 3.18 and a beta of 1.00. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22. The business’s 50 day moving average is $400.87 and its 200-day moving average is $422.04.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.34 billion. During the same period in the prior year, the company posted $4.04 earnings per share. Motorola Solutions’s revenue was up 12.3% on a year-over-year basis. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.