SVB Wealth LLC Has $801,000 Holdings in Motorola Solutions, Inc. (NYSE:MSI)

SVB Wealth LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 33.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,560 shares of the communications equipment provider’s stock after buying an additional 636 shares during the period. SVB Wealth LLC’s holdings in Motorola Solutions were worth $801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSI. Norges Bank acquired a new stake in shares of Motorola Solutions in the fourth quarter worth about $470,994,000. Alphinity Investment Management Pty Ltd acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $339,283,000. Ameriprise Financial Inc. lifted its position in shares of Motorola Solutions by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after purchasing an additional 482,023 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Motorola Solutions by 216.7% during the 1st quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider’s stock worth $105,393,000 after purchasing an additional 297,740 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $77,388,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MSI shares. Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Evercore ISI initiated coverage on Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price target on the stock. Finally, Barclays boosted their price target on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.38.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Motorola Solutions Trading Up 0.1 %

MSI stock opened at $339.65 on Friday. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $355.39. The firm has a market cap of $56.42 billion, a P/E ratio of 34.20, a P/E/G ratio of 3.14 and a beta of 0.90. The business’s 50 day moving average is $339.17 and its 200-day moving average is $319.50. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the company posted $3.38 EPS. The company’s revenue was up 5.2% compared to the same quarter last year. Equities analysts anticipate that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.15%. Motorola Solutions’s dividend payout ratio is currently 39.48%.

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.