Global X Japan Co. Ltd. Has $1.68 Million Stock Holdings in Motorola Solutions, Inc. $MSI

Global X Japan Co. Ltd. boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 312.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,389 shares of the communications equipment provider’s stock after buying an additional 3,325 shares during the period. 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.

Other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $208,000. Sivia Capital Partners LLC purchased a new position in shares of Motorola Solutions during the 2nd quarter valued at $210,000. Global Retirement Partners LLC purchased a new stake in shares of Motorola Solutions during the second quarter worth $1,752,000. Insigneo Advisory Services LLC purchased a new stake in shares of Motorola Solutions during the second quarter worth $317,000. Finally, Laurel Wealth Advisors LLC boosted its position in Motorola Solutions by 41,948.6% during the second quarter. Laurel Wealth Advisors LLC now owns 15,558 shares of the communications equipment provider’s stock valued at $6,542,000 after purchasing an additional 15,521 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $449.63 on Friday. The business’s 50-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 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 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 (NYSE:MSI) last posted its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.34 billion. During the same period in the previous year, the company earned $4.04 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. As a group, equities research 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 announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be issued 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 37.93%.

Analyst Ratings Changes

MSI has been the topic of several research reports. Argus raised Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Piper Sandler reissued an “overweight” rating and issued a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Monday, December 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $497.14.

Insiders Place Their Bets

In other news, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $468.09, for a total value of $23,404,500.00. Following the transaction, the chief executive officer directly owned 47,167 shares in the company, valued at approximately $22,078,401.03. The trade was a 51.46% 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 dated 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 transaction, the chief executive officer directly owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This represents a 42.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 129,069 shares of company stock valued at $60,779,964 in the last quarter. Insiders own 1.44% of the company’s stock.

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.