J. Safra Sarasin Holding AG Sells 5,942 Shares of 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 reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 0.08% of Motorola Solutions worth $61,391,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. ORG Wealth Partners LLC raised its stake in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after buying an additional 45 shares in the last quarter. Community Bank N.A. acquired a new stake in shares of Motorola Solutions during the 1st quarter worth about $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions during the 4th quarter worth about $34,000. Fort Vancouver Investment Management LLC acquired a new stake 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 during the 1st quarter worth about $40,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.8%

Shares of NYSE:MSI traded up $3.39 during mid-day trading on Monday, reaching $440.10. The stock had a trading volume of 1,043,423 shares, compared to its average volume of 805,121. The firm has a market cap of $73.46 billion, a PE ratio of 36.74, a price-to-earnings-growth ratio of 3.76 and a beta of 0.97. The firm has a 50 day simple moving average of $418.71 and a two-hundred day simple moving average of $428.17. 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 twelve month low of $388.90 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report 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 on the stock. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Barclays decreased their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Finally, UBS Group initiated coverage on shares of Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction that occurred 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 in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.44% of the company's stock.

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.