Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA raised its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 34.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,300 shares of the communications equipment provider's stock after buying an additional 18,953 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Motorola Solutions were worth $30,910,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. Perennial Investment Advisors LLC lifted its stake in 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 during the last quarter. Revolve Wealth Partners LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $208,000. Empowered Funds LLC raised its stake in shares of Motorola Solutions by 35.7% during the fourth quarter. Empowered Funds LLC now owns 8,826 shares of the communications equipment provider's stock worth $4,080,000 after purchasing an additional 2,322 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Motorola Solutions by 1.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,035 shares of the communications equipment provider's stock worth $941,000 after purchasing an additional 27 shares during the last quarter. Finally, Essex Financial Services Inc. raised its stake in shares of Motorola Solutions by 14.5% during the fourth quarter. Essex Financial Services Inc. now owns 545 shares of the communications equipment provider's stock worth $252,000 after purchasing an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. dropped their price objective 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, William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Price Performance

Motorola Solutions stock traded down $4.48 during trading hours on Friday, hitting $407.50. The stock had a trading volume of 470,326 shares, compared to its average volume of 809,682. 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 stock has a market capitalization of $68.02 billion, a price-to-earnings ratio of 44.20, a PEG ratio of 3.82 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $370.00 and a 1-year high of $507.82. The stock's fifty day moving average is $418.68 and its two-hundred day moving average is $442.01.

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, beating the consensus estimate of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 earnings per share. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Insider Activity

In other news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction 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 Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.44% of the company's stock.

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.