GAM Holding AG Has $7.78 Million Holdings in Motorola Solutions, Inc. $MSI

GAM Holding AG lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,017 shares of the communications equipment provider’s stock after selling 1,997 shares during the period. GAM Holding AG’s holdings in Motorola Solutions were worth $7,782,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MSI. Norges Bank bought a new position in shares of Motorola Solutions in the 2nd quarter worth about $872,307,000. Marshall Wace LLP acquired a new stake in Motorola Solutions during the second quarter worth approximately $230,743,000. Voya Investment Management LLC increased its holdings in Motorola Solutions by 116.5% in the third quarter. Voya Investment Management LLC now owns 841,463 shares of the communications equipment provider’s stock worth $384,793,000 after purchasing an additional 452,822 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Motorola Solutions by 54.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,195,796 shares of the communications equipment provider’s stock worth $502,784,000 after buying an additional 422,039 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Motorola Solutions by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 21,885,593 shares of the communications equipment provider’s stock valued at $9,202,016,000 after acquiring an additional 384,479 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on MSI. Barclays reduced their price target 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. Weiss Ratings restated a “hold (c+)” rating on shares of Motorola Solutions in a research note on Monday. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research report on Monday, December 1st. Finally, Piper Sandler reiterated a “neutral” rating and issued a $465.00 price target (down previously from $495.00) on shares of Motorola Solutions in a report on Friday, October 31st. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $495.00.

Motorola Solutions Trading Down 0.6%

MSI opened at $380.86 on Friday. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.03 and a quick ratio of 0.86. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The firm has a market capitalization of $63.43 billion, a PE ratio of 30.57, a P/E/G ratio of 2.86 and a beta of 1.00. The company’s 50-day moving average is $382.22 and its 200 day moving average is $424.27.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results 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. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.99 billion. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.74 EPS. As a group, research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, December 15th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s payout ratio is currently 38.84%.

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.