Motorola Solutions, Inc. $MSI Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 130,353 shares of the communications equipment provider’s stock after selling 6,375 shares during the quarter. J. Safra Sarasin Holding AG owned about 0.08% of Motorola Solutions worth $59,609,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MSI. Valeo Financial Advisors LLC raised its holdings in shares of Motorola Solutions by 2.3% in the 2nd quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after purchasing an additional 21 shares in the last quarter. Advisors Capital Management LLC grew its position in Motorola Solutions by 1.0% in the second quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock worth $1,031,000 after buying an additional 24 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of Motorola Solutions by 0.3% in the second quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock valued at $3,833,000 after buying an additional 24 shares in the last quarter. Rexford Capital Inc. lifted its position in shares of Motorola Solutions by 0.6% during the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock valued at $1,780,000 after acquiring an additional 24 shares during the last quarter. Finally, IFC Advisors LLC lifted its position in shares of Motorola Solutions by 0.6% during the 2nd quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock valued at $1,700,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MSI shares. Weiss Ratings restated a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday, December 29th. Piper Sandler raised Motorola Solutions from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $465.00 to $443.00 in a research note on Monday, January 5th. Barclays reduced their price objective on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Monday, December 1st. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $491.86.

Motorola Solutions Trading Down 0.1%

Shares of NYSE MSI opened at $401.26 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22. The business has a 50-day moving average price of $378.70 and a two-hundred day moving average price of $421.49. The firm has a market capitalization of $66.83 billion, a PE ratio of 32.20, a PEG ratio of 3.00 and a beta of 1.00.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm earned $3.74 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Monday, December 15th were issued a dividend of $1.21 per share. The ex-dividend date was Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s dividend payout ratio is presently 38.84%.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.