Trust Investment Advisors Has $1.88 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Trust Investment Advisors raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,017 shares of the communications equipment provider’s stock after purchasing an additional 533 shares during the quarter. Motorola Solutions makes up approximately 1.5% of Trust Investment Advisors’ holdings, making the stock its 14th biggest position. Trust Investment Advisors’ holdings in Motorola Solutions were worth $1,884,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $470,994,000. Alphinity Investment Management Pty Ltd acquired a new stake in shares of Motorola Solutions in the fourth quarter worth about $339,283,000. Ameriprise Financial Inc. boosted its stake 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 acquiring an additional 482,023 shares in the last quarter. First Trust Advisors LP increased its holdings 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 valued at $105,393,000 after acquiring 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 valued at about $77,388,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of MSI stock traded down $1.05 during trading hours on Thursday, reaching $339.46. 488,747 shares of the company were exchanged, compared to its average volume of 615,731. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The stock’s fifty day moving average is $338.77 and its two-hundred day moving average is $318.90. The company has a market cap of $56.39 billion, a price-to-earnings ratio of 34.27, a P/E/G ratio of 3.14 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the business earned $3.38 earnings per share. Sell-side analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

MSI has been the topic of several research analyst reports. Barclays raised their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Evercore ISI began coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price target for the company. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $348.38.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

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.