Tilt Investment Management Holdings PBC Cuts Position in Motorola Solutions, Inc. (NYSE:MSI)

Tilt Investment Management Holdings PBC decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 23.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 682 shares of the communications equipment provider’s stock after selling 205 shares during the quarter. Tilt Investment Management Holdings PBC’s holdings in Motorola Solutions were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. American Century Companies Inc. raised its position in Motorola Solutions by 11.6% in the first quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock valued at $949,000 after purchasing an additional 406 shares during the period. Cibc World Market Inc. raised its position in Motorola Solutions by 3.1% in the first quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock valued at $2,685,000 after purchasing an additional 329 shares during the period. Moors & Cabot Inc. increased its position in shares of Motorola Solutions by 8.8% during the first quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock worth $695,000 after acquiring an additional 231 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Motorola Solutions during the first quarter worth $225,000. Finally, Baird Financial Group Inc. increased its position in shares of Motorola Solutions by 7.3% during the first quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock worth $13,362,000 after acquiring an additional 3,741 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $339.46 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The firm has a fifty day moving average price of $338.99 and a 200 day moving average price of $319.04. The company has a market cap of $56.39 billion, a P/E ratio of 34.19, a PEG ratio of 3.15 and a beta of 0.90. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the previous year, the firm posted $3.38 earnings per share. The company’s revenue was up 5.2% compared to the same quarter last year. Sell-side analysts predict that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.15%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MSI. JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Barclays upped their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Evercore ISI began coverage on Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.38.

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.