Toronto Dominion Bank Purchases 6,337 Shares of Motorola Solutions, Inc. (MSI)

Toronto Dominion Bank boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 61,730 shares of the communications equipment provider’s stock after purchasing an additional 6,337 shares during the quarter. Toronto Dominion Bank’s holdings in Motorola Solutions were worth $5,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Gyroscope Capital Management Group LLC raised its holdings in Motorola Solutions by 1.0% during the 2nd quarter. Gyroscope Capital Management Group LLC now owns 3,347 shares of the communications equipment provider’s stock worth $290,000 after purchasing an additional 32 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Motorola Solutions by 0.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock worth $903,000 after purchasing an additional 34 shares during the last quarter. Pitcairn Co. raised its holdings in Motorola Solutions by 0.5% during the 2nd quarter. Pitcairn Co. now owns 8,990 shares of the communications equipment provider’s stock worth $779,000 after purchasing an additional 42 shares during the last quarter. Rothschild Asset Management Inc. raised its holdings in Motorola Solutions by 0.8% during the 2nd quarter. Rothschild Asset Management Inc. now owns 6,597 shares of the communications equipment provider’s stock worth $572,000 after purchasing an additional 51 shares during the last quarter. Finally, Smithfield Trust Co. raised its holdings in Motorola Solutions by 2.7% during the 2nd quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock worth $173,000 after purchasing an additional 53 shares during the last quarter. 88.04% of the stock is owned by hedge funds and other institutional investors.



A number of brokerages have recently commented on MSI. ValuEngine cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 price target for the company in a research note on Thursday, November 9th. Jefferies Group LLC upped their price target on Motorola Solutions from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Finally, Cleveland Research raised Motorola Solutions from a “neutral” rating to a “buy” rating in a research note on Friday, October 6th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $95.08.

In related news, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 75,019 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $90.91, for a total value of $6,819,977.29. Following the completion of the transaction, the chief executive officer now owns 183,312 shares of the company’s stock, valued at $16,664,893.92. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by insiders.

Motorola Solutions, Inc. (NYSE:MSI) opened at $90.95 on Friday. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16. Motorola Solutions, Inc. has a 12-month low of $76.92 and a 12-month high of $94.94. The stock has a market capitalization of $14,733.90, a P/E ratio of 17.69, a P/E/G ratio of 4.05 and a beta of 0.33.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.13. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the firm earned $1.37 EPS. Motorola Solutions’s quarterly revenue was up 7.4% compared to the same quarter last year. research analysts anticipate that Motorola Solutions, Inc. will post 5.14 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a $0.52 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.29%. Motorola Solutions’s payout ratio is currently 48.08%.

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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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