Whittier Trust Co. Acquires 1,485 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Whittier Trust Co. grew its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 2.3% in the fourth quarter, Holdings Channel reports. The firm owned 65,476 shares of the communications equipment provider’s stock after buying an additional 1,485 shares during the quarter. Whittier Trust Co.’s holdings in Motorola Solutions were worth $30,264,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MSI. Empowered Funds LLC increased its holdings in Motorola Solutions by 26.4% in the 3rd quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider’s stock worth $2,924,000 after buying an additional 1,358 shares in the last quarter. Claro Advisors LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $205,000. Thrivent Financial for Lutherans grew its stake in shares of Motorola Solutions by 144.0% in the third quarter. Thrivent Financial for Lutherans now owns 71,530 shares of the communications equipment provider’s stock worth $32,163,000 after acquiring an additional 42,212 shares during the period. Caprock Group LLC raised its holdings in shares of Motorola Solutions by 8.0% during the third quarter. Caprock Group LLC now owns 5,900 shares of the communications equipment provider’s stock valued at $2,659,000 after purchasing an additional 439 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in Motorola Solutions during the third quarter valued at approximately $275,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.5 %

NYSE:MSI opened at $423.82 on Thursday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The business has a fifty day moving average price of $447.89 and a 200-day moving average price of $459.90. The firm has a market capitalization of $70.75 billion, a price-to-earnings ratio of 45.97, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. 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 (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

A number of research firms have commented on MSI. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.