Gulf International Bank UK Ltd Has $4.91 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Gulf International Bank UK Ltd grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,844 shares of the communications equipment provider’s stock after purchasing an additional 77 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Motorola Solutions were worth $4,914,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Wealth Management Group LLC acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $29,000. Rise Advisors LLC bought a new position in shares of Motorola Solutions during the first quarter valued at $29,000. Northwest Capital Management Inc lifted its holdings in shares of Motorola Solutions by 71.4% during the fourth 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 period. Motco grew its stake in shares of Motorola Solutions by 137.5% in the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 55 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at $36,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Motorola Solutions Price Performance

Shares of MSI opened at $386.04 on Friday. The firm has a market cap of $64.39 billion, a PE ratio of 47.72, a price-to-earnings-growth ratio of 3.36 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $386.34. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The business’s 50 day moving average price is $360.88 and its two-hundred day moving average price is $340.01.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Dividend Announcement

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

Insider Activity at Motorola Solutions

In related news, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the transaction, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, SVP Rajan Naik sold 5,274 shares of Motorola Solutions stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at $3,341,487.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The disclosure for this sale can be found here. Insiders sold 9,389 shares of company stock valued at $3,446,461 in the last three months. 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.