Swiss National Bank Sells 24,100 Shares of Motorola Solutions, Inc. $MSI

Swiss National Bank cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 481,143 shares of the communications equipment provider’s stock after selling 24,100 shares during the quarter. Swiss National Bank owned about 0.29% of Motorola Solutions worth $220,022,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Orion Capital Management LLC bought a new position in Motorola Solutions in the third quarter valued at approximately $25,000. United Community Bank boosted its holdings in shares of Motorola Solutions by 81.3% in the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after buying an additional 26 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Motorola Solutions during the third quarter worth $33,000. Field & Main Bank bought a new stake in shares of Motorola Solutions during the third quarter worth $35,000. Finally, Salomon & Ludwin LLC acquired a new stake in shares of Motorola Solutions during the third quarter worth $38,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value of $3,297,070.00. Following the completion of the transaction, the chief executive officer directly owned 9,529 shares in the company, valued at $4,488,254.29. This trade represents a 42.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 28,435 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total value of $13,590,508.25. Following the transaction, the chief executive officer directly owned 90,721 shares in the company, valued at $43,360,101.95. This trade represents a 23.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 129,069 shares of company stock worth $60,779,964. Corporate insiders own 1.44% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $457.75 on Tuesday. The stock has a market capitalization of $75.83 billion, a price-to-earnings ratio of 35.87, a PEG ratio of 3.23 and a beta of 0.96. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The firm has a fifty day simple moving average of $422.57 and a 200 day simple moving average of $422.62. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same period in the previous year, the business earned $4.04 EPS. The company’s revenue was up 12.3% compared to the same quarter last year. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be given a $1.21 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. Motorola Solutions’s payout ratio is currently 37.93%.

Analyst Ratings Changes

Several research firms recently commented on MSI. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective on the stock in a research report on Monday, December 1st. Argus upgraded Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Morgan Stanley reissued an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of “Buy” and an average price target of $497.14.

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.