Corient Private Wealth LLC Boosts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Corient Private Wealth LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 18.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,671 shares of the communications equipment provider’s stock after acquiring an additional 13,298 shares during the quarter. Corient Private Wealth LLC’s holdings in Motorola Solutions were worth $39,249,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC lifted its holdings in Motorola Solutions by 26.4% in the 3rd quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider’s stock valued at $2,924,000 after purchasing an additional 1,358 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Motorola Solutions by 10.7% in the third quarter. Natixis Advisors LLC now owns 110,760 shares of the communications equipment provider’s stock valued at $49,801,000 after buying an additional 10,662 shares during the last quarter. Claro Advisors LLC purchased a new position in shares of Motorola Solutions in the third quarter worth about $205,000. Thrivent Financial for Lutherans boosted its position in Motorola Solutions by 144.0% during the third quarter. Thrivent Financial for Lutherans now owns 71,530 shares of the communications equipment provider’s stock worth $32,163,000 after acquiring an additional 42,212 shares during the last quarter. Finally, Swiss National Bank grew its stake in Motorola Solutions by 0.4% during the 3rd quarter. Swiss National Bank now owns 495,043 shares of the communications equipment provider’s stock valued at $222,586,000 after acquiring an additional 1,800 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

MSI stock opened at $421.51 on Tuesday. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. 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 stock has a market cap of $70.37 billion, a price-to-earnings ratio of 45.72, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business has a fifty day moving average of $449.35 and a two-hundred day moving average of $460.30.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

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

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.