Gulf International Bank UK Ltd Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Gulf International Bank UK Ltd lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,844 shares of the communications equipment provider’s stock after buying an additional 77 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Motorola Solutions were worth $4,914,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Private Wealth Management Group LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $29,000. Rise Advisors LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at $29,000. Northwest Capital Management Inc lifted its position in shares of Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the last quarter. Motco grew its stake in shares of Motorola Solutions by 137.5% during the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 55 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth $36,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of several recent analyst reports. Barclays increased their price target on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. Evercore ISI started coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price target on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, June 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $358.86.

Motorola Solutions Trading Up 0.4 %

Shares of NYSE MSI opened at $386.04 on Friday. The business has a fifty day simple moving average of $360.88 and a 200-day simple moving average of $340.01. The company has a market cap of $64.39 billion, a price-to-earnings ratio of 47.72, a P/E/G ratio of 3.36 and a beta of 0.96. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $386.34. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. The company had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. Sell-side analysts predict that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s payout ratio is 48.45%.

Insider Buying and Selling

In other news, Director Kenneth D. Denman sold 690 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $373.11, for a total value of $257,445.90. Following the transaction, the director now owns 8,141 shares in the company, valued at approximately $3,037,488.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Katherine A. Maher sold 2,615 shares of Motorola Solutions stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the completion of the sale, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at $403,625.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Kenneth D. Denman sold 690 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $373.11, for a total value of $257,445.90. Following the completion of the transaction, the director now directly owns 8,141 shares in the company, valued at $3,037,488.51. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,389 shares of company stock valued at $3,446,461. Corporate 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.