BDF Gestion Sells 5,404 Shares of Motorola Solutions, Inc. $MSI

BDF Gestion trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 38.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,623 shares of the communications equipment provider’s stock after selling 5,404 shares during the period. BDF Gestion’s holdings in Motorola Solutions were worth $3,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Revolve Wealth Partners LLC bought a new stake in Motorola Solutions in the 4th quarter valued at $208,000. Sivia Capital Partners LLC bought a new position in shares of Motorola Solutions during the 2nd quarter worth about $210,000. MAI Capital Management lifted its holdings in shares of Motorola Solutions by 7.8% during the 2nd quarter. MAI Capital Management now owns 1,961 shares of the communications equipment provider’s stock worth $825,000 after acquiring an additional 142 shares during the period. Journey Strategic Wealth LLC acquired a new stake in shares of Motorola Solutions during the 2nd quarter valued at about $320,000. Finally, CenterBook Partners LP acquired a new stake in shares of Motorola Solutions during the 2nd quarter valued at about $2,109,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Buying and Selling

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the transaction, the chief executive officer directly owned 9,529 shares in the company, valued at approximately $4,488,254.29. This represents a 42.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $470.12, for a total transaction of $204,032.08. Following the completion of the transaction, the director directly owned 7,153 shares in the company, valued at $3,362,768.36. This trade represents a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 129,069 shares of company stock worth $60,779,964 over the last three months. 1.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MSI has been the subject of several recent research reports. Argus raised shares of Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Piper Sandler reiterated an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Barclays raised their target price on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. One investment 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 company’s stock. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and a consensus target price of $497.14.

Motorola Solutions Stock Performance

MSI stock opened at $456.75 on Tuesday. The company has a 50 day moving average price of $438.91 and a 200 day moving average price of $422.28. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The stock has a market capitalization of $75.67 billion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 3.17 and a beta of 0.96.

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

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be issued a $1.21 dividend. The ex-dividend date is Friday, March 20th. This represents a $4.84 annualized dividend and a yield of 1.1%. Motorola Solutions’s dividend payout ratio (DPR) is currently 37.93%.

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.