Whittier Trust Co. of Nevada Inc. Acquires 1,602 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,795 shares of the communications equipment provider's stock after buying an additional 1,602 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Motorola Solutions were worth $13,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSI. Raymond James Financial Inc. acquired a new stake in shares of Motorola Solutions during the fourth quarter worth about $1,528,949,000. Proficio Capital Partners LLC increased its stake in Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock worth $145,884,000 after purchasing an additional 315,053 shares in the last quarter. State Street Corp increased its stake in Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock worth $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Barclays PLC raised its holdings in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after buying an additional 165,353 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec lifted its stake in Motorola Solutions by 44.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider's stock valued at $182,959,000 after buying an additional 125,351 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

A number of brokerages recently commented on MSI. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Finally, Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Stock Down 0.0 %

Shares of NYSE:MSI traded down $0.16 during midday trading on Tuesday, reaching $429.18. The company had a trading volume of 612,609 shares, compared to its average volume of 691,882. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The stock has a market cap of $71.65 billion, a PE ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The business's 50 day moving average price is $445.89 and its 200 day moving average price is $459.74.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

About Motorola Solutions

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.