ASR Vermogensbeheer N.V. Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• ASR Vermogensbeheer N.V. has made a new investment of approximately $5.84 million in Motorola Solutions, purchasing 13,333 shares in the first quarter.
• A significant number of hedge funds have increased their holdings in Motorola Solutions, with GAMMA Investing LLC raising its stake by 43,787.3% to over $474 million.
• Motorola Solutions recently announced a quarterly dividend of $1.09 per share, with a 1.0% dividend yield and a payout ratio of 36.39%.

ASR Vermogensbeheer N.V. bought a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,333 shares of the communications equipment provider's stock, valued at approximately $5,837,000.

Several other institutional investors and hedge funds have also made changes to their positions in MSI. ORG Wealth Partners LLC boosted its holdings in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after buying an additional 45 shares in the last quarter. Fourth Dimension Wealth LLC purchased a new stake in Motorola Solutions during the fourth quarter valued at approximately $34,000. Community Bank N.A. acquired a new stake in Motorola Solutions in the first quarter valued at approximately $32,000. Fort Vancouver Investment Management LLC purchased a new position in Motorola Solutions in the first quarter worth $37,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of Motorola Solutions during the first quarter worth $40,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

Shares of MSI traded up $9.02 during trading hours on Friday, hitting $454.12. The stock had a trading volume of 1,617,473 shares, compared to its average volume of 862,888. The firm has a 50-day moving average price of $421.20 and a 200 day moving average price of $427.92. Motorola Solutions, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82. The firm has a market capitalization of $75.80 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 3.79 and a beta of 0.97. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, beating analysts' consensus estimates of $3.36 by $0.21. Motorola Solutions had a return on equity of 143.08% and a net margin of 19.08%. The business had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. During the same period in the previous year, the business earned $3.24 earnings per share. The business's revenue was up 5.2% compared to the same quarter last year. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions's dividend payout ratio is presently 36.39%.

Insider Buying and Selling

In other news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer owned 804 shares of the company's stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MSI. Barclays set a $509.00 price objective on Motorola Solutions and gave the stock an "overweight" rating in a research report on Friday. UBS Group reiterated a "buy" rating and issued a $510.00 price target (up from $490.00) on shares of Motorola Solutions in a research note on Friday. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. cut their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Wolfe Research assumed coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They issued a "peer perform" rating for the company. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $512.67.

About Motorola Solutions

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.