Laird Norton Wetherby Wealth Management LLC Sells 178 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Laird Norton Wetherby Wealth Management LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,098 shares of the communications equipment provider’s stock after selling 178 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Motorola Solutions were worth $4,668,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of 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. Czech National Bank boosted its stake in Motorola Solutions by 6.6% in the fourth quarter. Czech National Bank now owns 36,236 shares of the communications equipment provider’s stock valued at $16,749,000 after acquiring an additional 2,249 shares during the last quarter. City State Bank acquired a new stake in Motorola Solutions during the 4th quarter worth $63,000. Brookstone Capital Management grew its holdings in Motorola Solutions by 8.0% during the 4th quarter. Brookstone Capital Management now owns 739 shares of the communications equipment provider’s stock worth $342,000 after acquiring an additional 55 shares during the period. Finally, Capital Investment Advisors LLC raised its position in shares of Motorola Solutions by 3.5% during the 4th quarter. Capital Investment Advisors LLC now owns 2,565 shares of the communications equipment provider’s stock valued at $1,186,000 after acquiring an additional 86 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

MSI stock opened at $405.86 on Monday. Motorola Solutions, Inc. has a 1-year low of $356.30 and a 1-year high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $67.74 billion, a PE ratio of 44.02, a P/E/G ratio of 3.82 and a beta of 0.98. The business’s 50-day moving average price is $421.25 and its two-hundred day moving average price is $451.62.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the firm posted $2.81 earnings per share. Motorola Solutions’s revenue was up 5.8% compared to the same quarter last year. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.07%. Motorola Solutions’s dividend payout ratio (DPR) is currently 36.39%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, May 5th. Barclays decreased their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Finally, JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $513.25.

Motorola Solutions 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.