Vontobel Holding Ltd. Cuts Position in Motorola Solutions, Inc. (NYSE:MSI)

Vontobel Holding Ltd. trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,834 shares of the communications equipment provider’s stock after selling 560 shares during the period. Vontobel Holding Ltd.’s holdings in Motorola Solutions were worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Cornerstone Planning Group LLC bought a new stake in Motorola Solutions in the second quarter worth $33,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the 4th quarter worth $36,000. Bruce G. Allen Investments LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth about $38,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Motorola Solutions during the 1st quarter valued at about $35,000. Finally, PCA Investment Advisory Services Inc. bought a new position in shares of Motorola Solutions in the 2nd quarter valued at about $39,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 0.1 %

MSI stock opened at $339.65 on Friday. The company has a market capitalization of $56.42 billion, a PE ratio of 34.20, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39. The firm’s 50-day moving average is $339.17 and its 200 day moving average is $319.50.

Motorola Solutions (NYSE:MSI) last issued 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. The business had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company posted $3.38 earnings per share. On average, research analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is 39.48%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price objective on the stock. Barclays increased their price target on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. Evercore ISI assumed coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. JPMorgan Chase & Co. increased their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $348.38.

Insider Activity

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated 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 completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

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.