Global X Japan Co. Ltd. Buys 3,325 Shares of Motorola Solutions, Inc. $MSI

Global X Japan Co. Ltd. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 312.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,389 shares of the communications equipment provider’s stock after buying an additional 3,325 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Motorola Solutions were worth $1,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Motorola Solutions by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider’s stock worth $10,139,015,000 after purchasing an additional 286,366 shares during the period. Capital World Investors lifted its stake in shares of Motorola Solutions by 5.5% in the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock valued at $4,292,310,000 after buying an additional 490,354 shares during the period. State Street Corp grew its position in Motorola Solutions by 1.3% during the second quarter. State Street Corp now owns 7,681,622 shares of the communications equipment provider’s stock worth $3,237,985,000 after buying an additional 101,408 shares in the last quarter. Raymond James Financial Inc. grew its position in Motorola Solutions by 0.9% during the third quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider’s stock worth $1,570,096,000 after buying an additional 31,744 shares in the last quarter. Finally, Norges Bank bought a new position in Motorola Solutions during the second quarter valued at about $872,307,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

Shares of MSI stock opened at $449.63 on Friday. The stock’s fifty day simple moving average is $442.52 and its 200 day simple moving average is $422.49. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The firm has a market cap of $74.49 billion, a price-to-earnings ratio of 35.24, a P/E/G ratio of 3.15 and a beta of 0.96. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business’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 company posted $4.04 earnings per share. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on MSI. Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Monday, December 1st. Morgan Stanley reissued an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a report on Thursday, February 12th. Finally, Barclays increased their price objective on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. One 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $497.14.

Insider Transactions at Motorola Solutions

In related news, CEO Cynthia Yazdi sold 7,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the sale, the chief executive officer directly owned 9,529 shares in the company, valued at $4,488,254.29. This represents a 42.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 129,069 shares of company stock valued at $60,779,964. Corporate insiders own 1.44% of the company’s stock.

Motorola Solutions Company 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.