MassMutual Private Wealth & Trust FSB Sells 1,482 Shares of Motorola Solutions, Inc. $MSI

MassMutual Private Wealth & Trust FSB reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 10.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 12,643 shares of the communications equipment provider’s stock after selling 1,482 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Motorola Solutions were worth $4,846,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new stake in Motorola Solutions in the fourth quarter worth about $208,000. Sivia Capital Partners LLC acquired a new position in Motorola Solutions during the 2nd quarter valued at about $210,000. Ensign Peak Advisors Inc boosted its stake in shares of Motorola Solutions by 0.3% in the 2nd quarter. Ensign Peak Advisors Inc now owns 47,180 shares of the communications equipment provider’s stock valued at $19,837,000 after purchasing an additional 122 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $901,000. Finally, Personal CFO Solutions LLC grew its position in shares of Motorola Solutions by 42.2% during the 2nd quarter. Personal CFO Solutions LLC now owns 970 shares of the communications equipment provider’s stock worth $408,000 after buying an additional 288 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 1.4%

Motorola Solutions stock opened at $452.67 on Friday. The company’s 50 day simple moving average is $437.49 and its 200 day simple moving average is $422.79. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The firm has a market capitalization of $74.99 billion, a price-to-earnings ratio of 35.48, a PEG ratio of 3.17 and a beta of 0.96. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating the consensus estimate of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.04 earnings per share. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be given a $1.21 dividend. The ex-dividend date is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. Motorola Solutions’s dividend payout ratio is currently 37.93%.

Insider Buying and Selling

In related news, CEO Gregory Q. Brown sold 28,435 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total transaction of $13,590,508.25. Following the sale, the chief executive officer owned 90,721 shares of the company’s stock, valued at approximately $43,360,101.95. This trade represents a 23.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Cynthia Yazdi sold 7,000 shares of Motorola Solutions stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value of $3,297,070.00. Following the transaction, the chief executive officer owned 9,529 shares in the company, valued at approximately $4,488,254.29. This represents a 42.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 129,069 shares of company stock valued at $60,779,964. 1.44% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Piper Sandler restated an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Barclays upped their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley reissued an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and an average price target of $497.14.

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.