SVB Wealth LLC Has $873,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

SVB Wealth LLC trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,458 shares of the communications equipment provider’s stock after selling 102 shares during the period. SVB Wealth LLC’s holdings in Motorola Solutions were worth $873,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Crewe Advisors LLC purchased a new position in Motorola Solutions during the 1st quarter valued at about $28,000. Private Wealth Management Group LLC acquired a new position in Motorola Solutions in the 4th quarter valued at approximately $29,000. Rise Advisors LLC acquired a new position in Motorola Solutions in the 1st quarter valued at approximately $29,000. Northwest Capital Management Inc lifted its position in Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 40 shares in the last quarter. Finally, Motco boosted its stake in shares of Motorola Solutions by 137.5% during the 4th quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 55 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Motorola Solutions

In other news, CAO Katherine A. Maher sold 2,615 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the sale, the chief accounting officer now owns 1,138 shares in the company, valued at $403,625.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares in the company, valued at approximately $3,341,487.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Katherine A. Maher sold 2,615 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the sale, the chief accounting officer now owns 1,138 shares in the company, valued at $403,625.84. The disclosure for this sale can be found here. Insiders sold a total of 9,389 shares of company stock worth $3,446,461 over the last three months. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

MSI stock traded up $1.71 during midday trading on Monday, hitting $395.42. 350,005 shares of the company traded hands, compared to its average volume of 652,905. The business has a 50 day simple moving average of $380.87 and a 200-day simple moving average of $353.40. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $399.62. The stock has a market capitalization of $65.96 billion, a price-to-earnings ratio of 48.88, a price-to-earnings-growth ratio of 3.44 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, topping the consensus estimate of $2.27 by $0.29. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The firm had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.34 billion. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.07 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 14th were given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 0.99%. The ex-dividend date was Friday, June 14th. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. Barclays raised their price target on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. Bank of America boosted their price target on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, June 3rd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $374.57.

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.