Graphene Investments SAS Raises Stock Position in Motorola Solutions, Inc. $MSI

by · The Cerbat Gem

Graphene Investments SAS raised its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 20.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,500 shares of the communications equipment provider’s stock after purchasing an additional 1,600 shares during the quarter. Motorola Solutions accounts for about 2.3% of Graphene Investments SAS’s portfolio, making the stock its 7th largest position. Graphene Investments SAS’s holdings in Motorola Solutions were worth $3,642,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Rexford Capital Inc. increased its holdings in shares of Motorola Solutions by 0.6% in the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock worth $1,780,000 after buying an additional 24 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Motorola Solutions by 0.9% in the 3rd quarter. Signaturefd LLC now owns 2,871 shares of the communications equipment provider’s stock worth $1,313,000 after buying an additional 25 shares during the last quarter. CX Institutional increased its holdings in shares of Motorola Solutions by 2.0% in the 3rd quarter. CX Institutional now owns 1,313 shares of the communications equipment provider’s stock worth $600,000 after buying an additional 26 shares during the last quarter. United Community Bank increased its holdings in shares of Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares during the last quarter. Finally, Hemington Wealth Management increased its holdings in shares of Motorola Solutions by 16.6% in the 3rd quarter. Hemington Wealth Management now owns 190 shares of the communications equipment provider’s stock worth $86,000 after buying an additional 27 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 target price on shares of Motorola Solutions in a report on Thursday, February 12th. Argus raised shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Finally, Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Two analysts have 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. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $502.50.

Check Out Our Latest Report on MSI

Insiders Place Their Bets

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total value of $3,297,070.00. Following the sale, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This trade represents a 42.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 28,435 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total transaction of $13,590,508.25. Following the completion of the sale, the chief executive officer directly owned 90,721 shares in the company, valued at approximately $43,360,101.95. This trade represents a 23.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 129,069 shares of company stock valued at $60,779,964 in the last quarter. Insiders own 1.28% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $441.44 on Friday. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22. The firm’s fifty day moving average is $453.50 and its 200 day moving average is $418.47. The firm has a market cap of $73.37 billion, a P/E ratio of 34.60, a P/E/G ratio of 3.10 and a beta of 0.99.

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

Motorola Solutions Announces Dividend

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

Motorola Solutions Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSIFree Report).