Whittier Trust Co. of Nevada Inc. Cuts Stock Position in Motorola Solutions, Inc. $MSI

Whittier Trust Co. of Nevada Inc. decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 20.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,278 shares of the communications equipment provider’s stock after selling 6,537 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Motorola Solutions were worth $11,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in MSI. Valeo Financial Advisors LLC lifted its stake in shares of Motorola Solutions by 2.3% during the second quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after purchasing an additional 21 shares in the last quarter. Advisors Capital Management LLC raised its holdings in shares of Motorola Solutions by 1.0% during the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock valued at $1,031,000 after buying an additional 24 shares during the period. Kingsview Wealth Management LLC lifted its position in Motorola Solutions by 0.3% during the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock worth $3,833,000 after acquiring an additional 24 shares in the last quarter. Rexford Capital Inc. grew its position in Motorola Solutions by 0.6% in the third quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock valued at $1,780,000 after acquiring an additional 24 shares in the last quarter. Finally, IFC Advisors LLC raised its stake in shares of Motorola Solutions by 0.6% during the second quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock valued at $1,700,000 after purchasing an additional 25 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $401.60 on Friday. The stock has a market capitalization of $66.89 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 3.00 and a beta of 1.00. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22. The company’s 50-day simple moving average is $378.22 and its 200-day simple moving average is $421.58. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the firm posted $3.74 earnings per share. Motorola Solutions’s revenue for the quarter was up 7.8% compared to the same quarter last year. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Monday, December 15th were given a dividend of $1.21 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s dividend payout ratio is currently 38.84%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MSI shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday, December 29th. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Monday, December 1st. Barclays dropped their target price on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Piper Sandler raised Motorola Solutions from a “neutral” rating to an “overweight” rating and reduced their price target for the company from $465.00 to $443.00 in a report on Monday, January 5th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $491.86.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.