MassMutual Private Wealth & Trust FSB Has $4.85 Million Holdings in Motorola Solutions, Inc. $MSI

MassMutual Private Wealth & Trust FSB cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,643 shares of the communications equipment provider’s stock after selling 1,482 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Motorola Solutions were worth $4,846,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Orion Capital Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter worth about $25,000. United Community Bank raised its stake in shares of Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after acquiring an additional 26 shares in the last quarter. Strategic Advocates LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth approximately $28,000. JPL Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth approximately $33,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

MSI opened at $452.67 on Friday. The stock’s 50 day simple moving average is $437.49 and its 200-day simple moving average is $422.79. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. The stock has a market cap of $74.99 billion, a PE ratio of 35.48, a P/E/G ratio of 3.17 and a beta of 0.96. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping the consensus estimate of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.Motorola Solutions’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $4.04 earnings per share. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s payout ratio is currently 37.93%.

Insider Buying and Selling

In other Motorola Solutions news, Director Kenneth D. Denman sold 434 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $470.12, for a total transaction of $204,032.08. Following the sale, the director owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This represents a 5.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the sale, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. The trade was a 42.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 129,069 shares of company stock worth $60,779,964 in the last 90 days. Corporate insiders own 1.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Barclays increased their price target on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Finally, Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $497.14.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.