BDF Gestion Has $3.31 Million Stock Holdings in Motorola Solutions, Inc. $MSI

BDF Gestion decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 38.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,623 shares of the communications equipment provider’s stock after selling 5,404 shares during the quarter. BDF Gestion’s holdings in Motorola Solutions were worth $3,305,000 at the end of the most recent quarter.

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

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $456.75 on Tuesday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The company has a market cap of $75.67 billion, a P/E ratio of 35.80, a P/E/G ratio of 3.17 and a beta of 0.96. The business’s 50 day moving average is $438.91 and its two-hundred day moving average is $422.28. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47.

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

Motorola Solutions Announces Dividend

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

Insiders Place Their Bets

In other news, CEO Cynthia Yazdi sold 7,000 shares of the business’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 owned 9,529 shares in the company, valued at approximately $4,488,254.29. The trade was a 42.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kenneth D. Denman sold 434 shares of the company’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 transaction, the director directly owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This represents a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 129,069 shares of company stock worth $60,779,964 in the last ninety days. Insiders own 1.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Morgan Stanley reissued an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a research note on Thursday, February 12th. Barclays increased their price objective on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective on the stock in a research report on Monday, December 1st. Finally, Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $497.14.

About Motorola Solutions

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.