MassMutual Private Wealth & Trust FSB Sells 299 Shares of Motorola Solutions, Inc. (NYSE:MSI)

MassMutual Private Wealth & Trust FSB trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,564 shares of the communications equipment provider’s stock after selling 299 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Motorola Solutions were worth $8,581,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of MSI. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions during the 3rd quarter worth about $31,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the 3rd quarter worth about $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $33,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Motorola Solutions in the 2nd quarter valued at about $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSI has been the topic of several analyst reports. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley increased their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays increased their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.23 on Monday. The stock has a market cap of $77.75 billion, a PE ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The firm has a 50-day moving average of $477.21 and a 200-day moving average of $447.95. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.94%. Motorola Solutions’s payout ratio is 47.75%.

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.