Whittier Trust Co. of Nevada Inc. Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Whittier Trust Co. of Nevada Inc. raised its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 3.7% during the 3rd quarter, Holdings Channel reports. The firm owned 27,193 shares of the communications equipment provider’s stock after buying an additional 965 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Motorola Solutions were worth $12,227,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Fisher Asset Management LLC raised its position in Motorola Solutions by 20.6% during the fourth quarter. Fisher Asset Management LLC now owns 1,166 shares of the communications equipment provider’s stock worth $365,000 after acquiring an additional 199 shares during the period. Park Avenue Securities LLC boosted its stake in shares of Motorola Solutions by 5.7% in the first quarter. Park Avenue Securities LLC now owns 2,982 shares of the communications equipment provider’s stock worth $1,058,000 after acquiring an additional 162 shares during the last quarter. Ballentine Partners LLC increased its position in shares of Motorola Solutions by 9.6% during the first quarter. Ballentine Partners LLC now owns 2,320 shares of the communications equipment provider’s stock worth $824,000 after purchasing an additional 204 shares in the last quarter. CHICAGO TRUST Co NA acquired a new position in Motorola Solutions in the 1st quarter valued at $226,000. Finally, Austin Private Wealth LLC purchased a new position in Motorola Solutions in the 1st quarter valued at $226,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.3 %

Shares of Motorola Solutions stock traded up $1.37 during trading hours on Monday, hitting $476.57. The company’s stock had a trading volume of 293,018 shares, compared to its average volume of 662,983. The stock has a market cap of $79.49 billion, a price-to-earnings ratio of 58.74, a P/E/G ratio of 4.07 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a twelve month low of $271.73 and a twelve month high of $480.28. The firm has a fifty day moving average of $442.98 and a 200-day moving average of $397.30.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. Motorola Solutions’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.41 earnings per share. Research analysts forecast that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.82%. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Insider Activity

In related news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares in the company, valued at $19,079,557.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSI. Barclays increased their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Bank of America boosted their target price on Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. JPMorgan Chase & Co. upped their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Evercore ISI lifted their price objective on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $466.17.

Motorola Solutions 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.