Banque Cantonale Vaudoise Purchases Shares of 6,965 Motorola Solutions, Inc. (NYSE:MSI)

Banque Cantonale Vaudoise purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,965 shares of the communications equipment provider's stock, valued at approximately $3,050,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Deseret Mutual Benefit Administrators raised its position in shares of Motorola Solutions by 5.4% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider's stock worth $206,000 after acquiring an additional 24 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after buying an additional 25 shares during the period. Clark Capital Management Group Inc. raised its holdings in Motorola Solutions by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock worth $294,000 after purchasing an additional 26 shares during the period. Wesbanco Bank Inc. raised its holdings in Motorola Solutions by 2.0% in the 1st quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock worth $576,000 after purchasing an additional 26 shares during the period. Finally, D.A. Davidson & CO. raised its holdings in Motorola Solutions by 2.7% during the first quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider's stock valued at $473,000 after acquiring an additional 28 shares during the period. Institutional investors own 84.17% of the company's stock.

Insider Buying and Selling 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 sale, the chief accounting officer directly owned 804 shares of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.44% of the stock is owned by company insiders.

Motorola Solutions Stock Performance

Shares of MSI traded down $1.90 during trading hours on Friday, reaching $437.08. 1,173,440 shares of the company traded hands, compared to its average volume of 746,299. The stock has a market capitalization of $72.96 billion, a P/E ratio of 36.48, a P/E/G ratio of 3.78 and a beta of 0.95. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The business has a fifty day moving average price of $418.71 and a 200-day moving average price of $428.62.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The business's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.81 earnings per share. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on MSI shares. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays dropped their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Wolfe Research assumed coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating for the company. UBS Group assumed coverage on shares of Motorola Solutions in a research note on Wednesday, July 16th. They set a "buy" rating and a $490.00 price target for the company. Finally, JPMorgan Chase & Co. decreased their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $510.67.

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.