Baader Bank Aktiengesellschaft Has $1.14 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• Baader Bank Aktiengesellschaft significantly reduced its stake in Motorola Solutions by 46.2% during the first quarter, now holding 2,617 shares valued at $1,139,000.
• Motorola Solutions recently reported earnings of $3.18 per share for the last quarter, exceeding estimates and reflecting a 5.8% year-over-year revenue increase.
• The company announced a quarterly dividend of $1.09, with a current dividend yield of 1.01% and a payout ratio of 36.39%.

Baader Bank Aktiengesellschaft decreased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 46.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,617 shares of the communications equipment provider's stock after selling 2,251 shares during the period. Baader Bank Aktiengesellschaft's holdings in Motorola Solutions were worth $1,139,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MSI. Perennial Investment Advisors LLC grew its stake in shares of Motorola Solutions by 14.4% in the fourth quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock valued at $383,000 after buying an additional 104 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at $208,000. Brown Brothers Harriman & Co. grew its position in shares of Motorola Solutions by 130.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,013 shares of the communications equipment provider's stock valued at $468,000 after acquiring an additional 574 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Motorola Solutions by 4.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 14,472 shares of the communications equipment provider's stock worth $6,697,000 after purchasing an additional 587 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. UBS Group initiated coverage on Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 price target for the company. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. JPMorgan Chase & Co. dropped their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Wolfe Research began coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating for the company. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $510.67.

Insider Activity

In other 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 transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.44% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

MSI traded down $2.95 during trading on Friday, hitting $436.03. The stock had a trading volume of 133,288 shares, compared to its average volume of 888,051. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03. The company has a 50 day moving average price of $418.35 and a 200-day moving average price of $428.78. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82. The firm has a market cap of $72.78 billion, a price-to-earnings ratio of 36.33, a P/E/G ratio of 3.75 and a beta of 0.95.

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. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter last year, the firm earned $2.81 earnings per share. The company's revenue was up 5.8% on a year-over-year basis. As a group, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

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

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.