Motorola Solutions, Inc. (NYSE:MSI) Position Raised by GAM Holding AG

GAM Holding AG increased its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 25.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,693 shares of the communications equipment provider's stock after buying an additional 1,977 shares during the quarter. GAM Holding AG's holdings in Motorola Solutions were worth $4,244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. ORG Wealth Partners LLC raised its position in Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after purchasing an additional 45 shares during the period. First Command Advisory Services Inc. purchased a new position in Motorola Solutions in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions in the fourth quarter valued at about $30,000. Meeder Asset Management Inc. purchased a new position in Motorola Solutions in the fourth quarter valued at about $32,000. Finally, Community Bank N.A. purchased a new position in Motorola Solutions in the first quarter valued at about $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Up 0.3%

Shares of NYSE MSI traded up $1.30 during midday trading on Friday, reaching $406.04. 1,457,806 shares of the company's stock were exchanged, compared to its average volume of 816,515. The stock has a market capitalization of $67.78 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $380.72 and a 52-week high of $507.82. The business's fifty day moving average price is $418.23 and its two-hundred day moving average price is $437.76. 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 results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $2.81 earnings per share. Analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions's payout ratio is currently 36.39%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions 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 completion of the transaction, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, Barclays cut their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $513.25.

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.