Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Deutsche Bank AG

Key Points

• Deutsche Bank AG reduced its stake in Motorola Solutions, Inc. by 23.9% in Q1, now holding approximately 1,134,643 shares valued at $496.76 million.
• Over 84% of Motorola Solutions stock is owned by institutional investors, with significant increases in holdings from firms like Vanguard Group and Northern Trust Corp.
• Motorola Solutions announced a quarterly dividend of $1.09, yielding 1.0%, with a payout ratio of 36.39% based on recent filings.

Deutsche Bank AG decreased its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 23.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,134,643 shares of the communications equipment provider's stock after selling 356,905 shares during the period. Deutsche Bank AG owned approximately 0.68% of Motorola Solutions worth $496,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Foster Dykema Cabot & Partners LLC increased its stake in shares of Motorola Solutions by 2.3% in the 1st quarter. Foster Dykema Cabot & Partners LLC now owns 69,398 shares of the communications equipment provider's stock valued at $30,459,000 after purchasing an additional 1,578 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Motorola Solutions by 3.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 959,886 shares of the communications equipment provider's stock valued at $420,248,000 after purchasing an additional 33,877 shares in the last quarter. ASR Vermogensbeheer N.V. purchased a new position in shares of Motorola Solutions in the 1st quarter valued at about $5,837,000. Citizens Financial Group Inc. RI increased its stake in shares of Motorola Solutions by 4.8% in the 1st quarter. Citizens Financial Group Inc. RI now owns 8,032 shares of the communications equipment provider's stock valued at $3,525,000 after purchasing an additional 370 shares in the last quarter. Finally, Strategy Asset Managers LLC purchased a new position in shares of Motorola Solutions in the 1st quarter valued at about $653,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent analyst reports. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Barclays set a $509.00 price objective on Motorola Solutions and gave the stock an "overweight" rating in a report on Friday. Wolfe Research assumed coverage on Motorola Solutions in a report on Monday, July 7th. They issued a "peer perform" rating on the stock. UBS Group reiterated a "buy" rating and issued a $510.00 price objective (up from $490.00) on shares of Motorola Solutions in a report on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $512.67.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $9.02 on Friday, hitting $454.12. 1,617,473 shares of the company were exchanged, compared to its average volume of 862,888. The stock has a market capitalization of $75.80 billion, a price-to-earnings ratio of 36.56, a price-to-earnings-growth ratio of 3.79 and a beta of 0.97. The company 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 1-year low of $388.90 and a 1-year high of $507.82. 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 (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, beating the consensus estimate of $3.36 by $0.21. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 143.08%. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.24 EPS. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company 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 payout ratio is presently 36.39%.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the sale, the chief accounting officer 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 document filed with the Securities & Exchange Commission, which is available through this link. 1.44% of the stock is currently owned by insiders.

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.