Laird Norton Wetherby Wealth Management LLC Has $4.67 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Laird Norton Wetherby Wealth Management LLC trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the business. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the 4th quarter worth $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, May 5th. JPMorgan Chase & Co. decreased their target price 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. Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays lowered their price objective on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $513.25.

Motorola Solutions Price Performance

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

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 business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the company earned $2.81 EPS. Motorola Solutions’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed 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. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 36.39%.

Motorola Solutions Company 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.