Unigestion Holding SA Acquires 2,321 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Unigestion Holding SA raised its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,463 shares of the communications equipment provider's stock after acquiring an additional 2,321 shares during the quarter. Motorola Solutions comprises 2.5% of Unigestion Holding SA's holdings, making the stock its 10th largest position. Unigestion Holding SA owned 0.06% of Motorola Solutions worth $43,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of MSI. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the fourth quarter valued at about $30,000. Meeder Asset Management Inc. acquired a new position in shares of Motorola Solutions in the fourth quarter valued at about $32,000. Fourth Dimension Wealth LLC acquired a new position in shares of Motorola Solutions in the fourth quarter valued at about $34,000. Finally, Sierra Ocean LLC bought a new position in Motorola Solutions during the fourth quarter worth about $35,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the company'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 now directly owns 804 shares in the company, valued at $336,618.72. This represents 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 hyperlink. Company insiders own 1.44% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE MSI traded down $4.66 during mid-day trading on Wednesday, hitting $417.55. 1,068,151 shares of the stock traded hands, compared to its average volume of 805,636. Motorola Solutions, Inc. has a twelve month low of $365.24 and a twelve month high of $507.82. The firm has a 50 day simple moving average of $420.45 and a two-hundred day simple moving average of $445.48. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $69.70 billion, a PE ratio of 45.29, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 EPS. As a group, equities research analysts forecast 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 will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 36.39%.

Analysts Set New Price Targets

MSI has been the subject of a number of analyst reports. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Barclays decreased 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. JPMorgan Chase & Co. dropped their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions has a consensus rating of "Moderate Buy" and an average price target of $513.25.

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.