Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by FARMERS & MERCHANTS TRUST Co OF LONG BEACH

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,350 shares of the communications equipment provider’s stock after selling 874 shares during the quarter. Motorola Solutions comprises about 1.6% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings, making the stock its 14th largest position. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Motorola Solutions were worth $6,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions during the third quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions during the second quarter worth about $32,000. Planning Capital Management Corp purchased a new position in shares of Motorola Solutions in the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Motorola Solutions in the 3rd quarter worth about $33,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSI has been the subject of a number of research reports. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America increased their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Morgan Stanley boosted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $465.23 on Friday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company’s fifty day moving average price is $478.00 and its two-hundred day moving average price is $446.98. The firm has a market capitalization of $77.75 billion, a P/E ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

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.