GAM Holding AG Buys 1,977 Shares of Motorola Solutions, Inc. (NYSE:MSI)

GAM Holding AG boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,693 shares of the communications equipment provider’s stock after acquiring an additional 1,977 shares during the quarter. GAM Holding AG’s holdings in Motorola Solutions were worth $4,244,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. National Pension Service increased its position in shares of Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock valued at $217,654,000 after purchasing an additional 87,722 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Motorola Solutions during the 4th quarter worth $24,136,000. Proficio Capital Partners LLC grew its holdings in Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after acquiring an additional 315,053 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Motorola Solutions by 16.4% during the fourth quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider’s stock valued at $220,282,000 after purchasing an additional 67,143 shares in the last quarter. Finally, Bryce Point Capital LLC bought a new stake in Motorola Solutions during the 4th quarter valued at $518,000. 84.17% of the stock is owned by institutional investors.

Insider Activity at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction dated 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 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 filing with the Securities & Exchange Commission, which is available through the SEC website. 1.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Barclays lowered their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. Finally, William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $513.25.

Motorola Solutions Stock Performance

Shares of MSI opened at $406.04 on Friday. The stock has a 50-day moving average of $418.23 and a two-hundred day moving average of $438.17. Motorola Solutions, Inc. has a one year low of $380.72 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a market cap of $67.77 billion, a P/E ratio of 33.89, a P/E/G ratio of 3.48 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The company’s revenue was up 5.8% compared to the same quarter last year. As a group, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions’s dividend payout ratio is presently 36.39%.

About Motorola Solutions

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.