FARMERS & MERCHANTS TRUST Co OF LONG BEACH Sells 874 Shares of Motorola Solutions, Inc. (NYSE:MSI)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,350 shares of the communications equipment provider's stock after selling 874 shares during the period. Motorola Solutions makes up 1.6% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH's portfolio, making the stock its 14th biggest holding. FARMERS & MERCHANTS TRUST Co OF LONG BEACH's holdings in Motorola Solutions were worth $6,633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tradition Wealth Management LLC raised its stake in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock valued at $294,000 after purchasing an additional 21 shares during the last quarter. Fidelis Capital Partners LLC raised its position in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock valued at $1,038,000 after buying an additional 22 shares during the last quarter. Omnia Family Wealth LLC lifted its stake in shares of Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider's stock valued at $527,000 after buying an additional 25 shares during the period. Harbour Investments Inc. grew its position in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock worth $578,000 after buying an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd increased its stake in Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock valued at $1,343,000 after acquiring an additional 26 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

MSI stock traded up $2.53 during midday trading on Friday, reaching $465.23. 621,264 shares of the company's stock traded hands, compared to its average volume of 732,287. The company has a 50-day simple moving average of $477.21 and a two-hundred day simple moving average of $447.95. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The company has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions's dividend payout ratio is presently 47.75%.

Analyst Ratings Changes

A number of analysts have recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Barclays increased their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Morgan Stanley lifted 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. Raymond James increased 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. Finally, Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and a consensus target price of $504.88.

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.