DekaBank Deutsche Girozentrale Boosts Position in Motorola Solutions, Inc. (NYSE:MSI)

DekaBank Deutsche Girozentrale increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 874,375 shares of the communications equipment provider's stock after purchasing an additional 71,074 shares during the quarter. Motorola Solutions makes up approximately 0.7% of DekaBank Deutsche Girozentrale's portfolio, making the stock its 22nd biggest position. DekaBank Deutsche Girozentrale owned approximately 0.52% of Motorola Solutions worth $376,590,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. GAMMA Investing LLC lifted its stake in Motorola Solutions by 43,787.3% in the first quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after buying an additional 1,081,984 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Motorola Solutions by 330.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after buying an additional 484,727 shares during the last quarter. Geode Capital Management LLC lifted its stake in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after buying an additional 451,172 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of Motorola Solutions by 209.3% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after purchasing an additional 378,462 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.44% of the company's stock.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of recent research reports. Wolfe Research initiated coverage on Motorola Solutions in a report on Monday. They issued a "peer perform" rating on the stock. JPMorgan Chase & Co. dropped their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded down $7.65 on Tuesday, hitting $418.72. The company had a trading volume of 96,400 shares, compared to its average volume of 901,013. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. Motorola Solutions, Inc. has a 52-week low of $385.17 and a 52-week high of $507.82. The business has a 50 day moving average of $417.39 and a 200 day moving average of $433.41. The company has a market cap of $69.89 billion, a PE ratio of 35.03, a PEG ratio of 3.66 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the business posted $2.81 earnings per share. The firm's revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Motorola Solutions Company 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.

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