Pensionfund Sabic Invests $1.46 Million in Motorola Solutions, Inc. $MSI

Pensionfund Sabic acquired a new position in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,800 shares of the communications equipment provider’s stock, valued at approximately $1,457,000.

A number of other large investors also recently modified their holdings of the company. Clear Trail Advisors LLC purchased a new position in shares of Motorola Solutions in the fourth quarter valued at about $9,076,000. Carderock Capital Management Inc. grew its holdings in shares of Motorola Solutions by 16.7% in the fourth quarter. Carderock Capital Management Inc. now owns 11,408 shares of the communications equipment provider’s stock valued at $4,373,000 after purchasing an additional 1,633 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Motorola Solutions by 3,126.7% in the 4th quarter. SG Americas Securities LLC now owns 297,925 shares of the communications equipment provider’s stock worth $114,201,000 after buying an additional 288,692 shares during the last quarter. Diversified Trust Co. raised its position in Motorola Solutions by 114.8% during the fourth quarter. Diversified Trust Co. now owns 7,060 shares of the communications equipment provider’s stock valued at $2,706,000 after purchasing an additional 3,773 shares during the period. Finally, Elevation Wealth Partners LLC raised its stake in shares of Motorola Solutions by 166.1% in the fourth quarter. Elevation Wealth Partners LLC now owns 149 shares of the communications equipment provider’s stock valued at $57,000 after acquiring an additional 93 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.6%

NYSE MSI opened at $454.04 on Wednesday. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22. The firm has a 50 day simple moving average of $440.18 and a 200-day simple moving average of $422.10. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The firm has a market cap of $75.22 billion, a price-to-earnings ratio of 35.58, a PEG ratio of 3.19 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.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 company earned $4.04 EPS. Motorola Solutions’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is presently 37.93%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MSI. Barclays raised their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley reiterated an “overweight” rating and set a $470.00 price objective on shares of Motorola Solutions in a report on Thursday, February 12th. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Finally, 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 report on Monday, December 1st. 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. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Buy” and an average price target of $497.14.

Insider Buying and Selling at Motorola Solutions

In other news, Director Kenneth D. Denman sold 434 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the transaction, the director owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. The trade was a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Cynthia Yazdi sold 7,000 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was 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 in the company, valued at approximately $4,488,254.29. The trade was a 42.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 129,069 shares of company stock valued at $60,779,964 in the last ninety days. Insiders own 1.44% of the company’s stock.

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.