Motorola Solutions, Inc. $MSI Stock Position Decreased by J. Safra Sarasin Holding AG

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

Several other large investors have also made changes to their positions in MSI. Orion Capital Management LLC bought a new position in Motorola Solutions during the third quarter valued at approximately $25,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth $33,000. Whipplewood Advisors LLC raised its holdings in shares of Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 55 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $38,000. Finally, Rossby Financial LCC boosted its holdings in Motorola Solutions by 148.6% in the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after purchasing an additional 52 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $401.26 on Tuesday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The company has a market cap of $66.83 billion, a P/E ratio of 32.20, a P/E/G ratio of 3.00 and a beta of 1.00. The business’s 50 day moving average is $378.70 and its two-hundred day moving average is $421.49. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the company posted $3.74 earnings per share. Motorola Solutions’s quarterly revenue was up 7.8% on a year-over-year basis. On average, equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed 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. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s 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.