BNP Paribas Raises Stock Holdings in Motorola Solutions, Inc. $MSI

BNP Paribas raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,636 shares of the communications equipment provider’s stock after purchasing an additional 2,884 shares during the period. BNP Paribas’ holdings in Motorola Solutions were worth $12,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MSI. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $27,000. Whipplewood Advisors LLC grew its holdings in Motorola Solutions by 1,966.7% during the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Western Wealth Management LLC bought a new stake in Motorola Solutions during the first quarter valued at about $27,000. MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions in the 4th quarter worth approximately $28,000. Finally, Physician Wealth Advisors Inc. increased its stake in Motorola Solutions by 540.0% during the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider's stock valued at $28,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Several equities research analysts have weighed in on MSI shares. Bank of America restated a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. UBS Group raised their price objective on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley restated an “overweight” rating and issued a $476.00 price target on shares of Motorola Solutions in a research report on Thursday, August 6th. Finally, Piper Sandler upped their price objective on Motorola Solutions from $503.00 to $530.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $519.44.

In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares of the company's stock, valued at $611,462.72. The trade was a 43.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.28% of the stock is owned by insiders.