The motion of a magnetized axisymmetric spacecraft about its center of mass in a circular orbit is considered, taking the gravitational and magnetic effects of the central body into account. Equations of motion of the reduced system are transformed to equations of plane motion of a charged particle under the action of electric and magnetic fields. Stationary motions of the system are determined and periodic motions near to them are constructed using the Lyapounoff theorem of the holomorphic integral.