GAM Holding AG Has $3.57 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

GAM Holding AG reduced its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,716 shares of the communications equipment provider's stock after selling 614 shares during the quarter. GAM Holding AG's holdings in Motorola Solutions were worth $3,567,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Truist Financial Corp lifted its holdings in Motorola Solutions by 9.9% in the 4th quarter. Truist Financial Corp now owns 36,735 shares of the communications equipment provider's stock worth $16,980,000 after purchasing an additional 3,305 shares during the last quarter. Burke & Herbert Bank & Trust Co. acquired a new stake in Motorola Solutions in the 4th quarter worth approximately $202,000. Pittenger & Anderson Inc. lifted its holdings in Motorola Solutions by 54,090.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 5,961 shares of the communications equipment provider's stock worth $2,755,000 after purchasing an additional 5,950 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Motorola Solutions by 8.8% in the 4th quarter. Sanctuary Advisors LLC now owns 24,847 shares of the communications equipment provider's stock worth $11,743,000 after purchasing an additional 2,006 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in Motorola Solutions in the 4th quarter worth approximately $35,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI traded down $13.13 on Friday, reaching $421.38. 1,180,051 shares of the stock traded hands, compared to its average volume of 817,693. The firm has a market cap of $70.35 billion, a price-to-earnings ratio of 45.70, a P/E/G ratio of 3.89 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 12 month low of $325.78 and a 12 month high of $507.82. The stock's 50-day moving average price is $463.02 and its 200-day moving average price is $459.62.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Equities analysts forecast that Motorola Solutions, Inc. will post 13.46 EPS for the current fiscal year.

Analysts Set New Price Targets

MSI has been the subject of several analyst reports. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Finally, Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $505.88.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.