Swiss National Bank Purchases 33,900 Shares of Motorola Solutions, Inc. $MSI

Swiss National Bank increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 505,243 shares of the communications equipment provider’s stock after buying an additional 33,900 shares during the period. Swiss National Bank owned 0.30% of Motorola Solutions worth $212,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MSI. Signature Resources Capital Management LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter worth about $25,000. Saudi Central Bank bought a new position in Motorola Solutions during the first quarter worth about $29,000. Whipplewood Advisors LLC increased its position in Motorola Solutions by 289.5% during the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 55 shares during the last quarter. Rossby Financial LCC raised its stake in Motorola Solutions by 148.6% in the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after buying an additional 52 shares during the period. Finally, Meeder Asset Management Inc. lifted its position in shares of Motorola Solutions by 47.1% in the first quarter. Meeder Asset Management Inc. now owns 103 shares of the communications equipment provider’s stock valued at $45,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $368.43 on Friday. Motorola Solutions, Inc. has a 52 week low of $365.75 and a 52 week high of $503.62. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. The firm’s 50-day simple moving average is $432.68 and its 200 day simple moving average is $433.26. The firm has a market cap of $61.36 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 3.46 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the previous year, the firm posted $3.74 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be paid a dividend of $1.21 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. Motorola Solutions’s dividend payout ratio is 34.99%.

Insider Buying and Selling at Motorola Solutions

In related news, SVP James A. Niewiara sold 1,700 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $485.43, for a total value of $825,231.00. Following the completion of the transaction, the senior vice president owned 14,542 shares of the company’s stock, valued at $7,059,123.06. The trade was a 10.47% 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, SVP Rajan Naik sold 8,014 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the sale, the senior vice president directly owned 10,244 shares of the company’s stock, valued at $4,860,265.80. This represents a 43.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 110,614 shares of company stock valued at $53,085,917 in the last three months. Corporate insiders own 1.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on MSI. Piper Sandler reissued a “neutral” rating and set a $465.00 target price (down from $495.00) on shares of Motorola Solutions in a report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Evercore ISI increased their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Barclays reduced their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, UBS Group upped their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $506.43.

Motorola Solutions Company 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.