Motorola Solutions, Inc. (NYSE:MSI) Position Raised by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,743 shares of the communications equipment provider's stock after purchasing an additional 1,948 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Motorola Solutions were worth $13,459,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. Vanguard Group Inc. raised its holdings in Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock valued at $9,789,955,000 after acquiring an additional 310,919 shares in the last quarter. Geode Capital Management LLC raised its holdings in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after acquiring an additional 451,172 shares in the last quarter. FMR LLC raised its holdings in Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares in the last quarter. Norges Bank acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. Finally, Northern Trust Corp raised its holdings in Motorola Solutions by 15.9% in the fourth quarter. Northern Trust Corp now owns 1,868,559 shares of the communications equipment provider's stock valued at $863,704,000 after acquiring an additional 256,707 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the transaction, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.44% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MSI. JPMorgan Chase & Co. reduced their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. UBS Group began coverage on shares of Motorola Solutions in a report on Wednesday. They set a "buy" rating and a $490.00 price objective on the stock. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Wolfe Research began coverage on shares of Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and a consensus price target of $510.67.

Motorola Solutions Trading Up 1.8%

MSI traded up $7.44 on Wednesday, reaching $416.17. 973,516 shares of the company's stock were exchanged, compared to its average volume of 829,334. The company's 50 day moving average is $416.44 and its 200-day moving average is $431.27. The company has a market cap of $69.47 billion, a price-to-earnings ratio of 34.74, a PEG ratio of 3.52 and a beta of 0.95. Motorola Solutions, Inc. has a twelve month low of $385.17 and a twelve month high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The company's revenue was up 5.8% on a year-over-year basis. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

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.