LGT Group Foundation Trims Position in Motorola Solutions, Inc. (NYSE:MSI)

LGT Group Foundation reduced its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 15.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,214 shares of the communications equipment provider's stock after selling 10,394 shares during the period. LGT Group Foundation's holdings in Motorola Solutions were worth $18,109,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MSI. Qube Research & Technologies Ltd increased its stake in Motorola Solutions by 61.1% during the third quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider's stock worth $90,846,000 after acquiring an additional 126,517 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Motorola Solutions by 2.2% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider's stock valued at $260,204,000 after purchasing an additional 17,807 shares during the last quarter. Sherbrooke Park Advisers LLC raised its holdings in Motorola Solutions by 224.3% during the 3rd quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider's stock valued at $1,059,000 after buying an additional 2,691 shares during the period. Sei Investments Co. lifted its position in Motorola Solutions by 9.8% in the third quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider's stock worth $20,353,000 after buying an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co lifted its position in Motorola Solutions by 4.2% in the fourth quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider's stock worth $1,254,000 after buying an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSI shares. Evercore ISI initiated coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an "outperform" rating and a $400.00 target price on the stock. JPMorgan Chase & Co. upped their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an "overweight" rating in a research note on Thursday, April 11th. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Motorola Solutions in a research note on Friday, January 19th. They set a "buy" rating and a $350.00 price target on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $348.38.

Motorola Solutions Stock Up 0.1 %

Shares of Motorola Solutions stock traded up $0.24 during trading on Thursday, reaching $336.24. The company's stock had a trading volume of 1,156,817 shares, compared to its average volume of 653,000. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The company has a market cap of $55.86 billion, a price-to-earnings ratio of 33.83, a P/E/G ratio of 3.13 and a beta of 0.91. The company has a 50-day simple moving average of $342.82 and a two-hundred day simple moving average of $323.30. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $355.39.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts' consensus estimates of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the previous year, the company posted $3.38 earnings per share. The company's revenue was up 5.2% compared to the same quarter last year. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Thursday, March 14th. Motorola Solutions's dividend payout ratio is currently 39.48%.

Insiders Place Their Bets

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company's stock, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions 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.