Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,564 shares of the communications equipment provider’s stock after selling 299 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Motorola Solutions were worth $8,581,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MSI. World Investment Advisors LLC grew its position in shares of Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares during the last quarter. Versor Investments LP acquired a new stake in Motorola Solutions in the 3rd quarter valued at approximately $449,000. Groupama Asset Managment raised its stake in Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in Motorola Solutions during the 2nd quarter valued at $19,694,000. Finally, Los Angeles Capital Management LLC boosted its position in Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after acquiring an additional 32,157 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.23 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company’s 50-day simple moving average is $477.21 and its 200 day simple moving average is $447.95. The stock has a market cap of $77.75 billion, a P/E ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. As a group, research analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. Motorola Solutions’s dividend payout ratio is presently 47.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MSI shares. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays raised their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America boosted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley raised their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Company Profile

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.