J. Safra Sarasin Holding AG Decreases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• J. Safra Sarasin Holding AG has reduced its stake in Motorola Solutions, Inc. by 4.1%, holding 140,224 shares valued at approximately $61.39 million.
• Motorola Solutions has recently been the subject of multiple analyst rating changes, with three analysts rating it as "hold" and nine as "buy," resulting in a consensus rating of "Moderate Buy".
• The company announced a quarterly dividend of $1.09 per share, yielding about 1.0%, with a payout ratio of 36.39%.

J. Safra Sarasin Holding AG lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,224 shares of the communications equipment provider's stock after selling 5,942 shares during the quarter. J. Safra Sarasin Holding AG owned approximately 0.08% of Motorola Solutions worth $61,391,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's 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 transaction, the chief accounting officer owned 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.44% of the stock is currently owned by company insiders.

Motorola Solutions Price Performance

MSI traded up $8.35 during midday trading on Wednesday, hitting $442.40. The stock had a trading volume of 664,217 shares, compared to its average volume of 895,752. The company has a market cap of $73.85 billion, a P/E ratio of 36.93, a price-to-earnings-growth ratio of 3.79 and a beta of 0.97. The business has a fifty day moving average of $419.42 and a 200 day moving average of $428.04. Motorola Solutions, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82. 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 Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Barclays reduced their price target 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. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Wolfe Research initiated coverage on shares of Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating for the company. JPMorgan Chase & Co. reduced 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. Finally, 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. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $510.67.

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.