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

Trust Investment Advisors increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,017 shares of the communications equipment provider’s stock after acquiring an additional 533 shares during the period. Motorola Solutions comprises 1.5% of Trust Investment Advisors’ holdings, making the stock its 14th largest holding. 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 have also added to or reduced their stakes in the company. AIA Group Ltd boosted its holdings in shares of Motorola Solutions by 17.5% in the 4th quarter. AIA Group Ltd now owns 9,504 shares of the communications equipment provider’s stock valued at $2,976,000 after purchasing an additional 1,417 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Motorola Solutions by 270.0% during the 4th quarter. Federated Hermes Inc. now owns 88,869 shares of the communications equipment provider’s stock worth $27,824,000 after buying an additional 64,850 shares during the last quarter. Peterson Wealth Services boosted its stake in Motorola Solutions by 73.9% in the fourth quarter. Peterson Wealth Services now owns 7,358 shares of the communications equipment provider’s stock valued at $2,304,000 after buying an additional 3,126 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its position in Motorola Solutions by 10.0% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,431 shares of the communications equipment provider’s stock valued at $449,000 after acquiring an additional 130 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in Motorola Solutions by 0.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 31,749 shares of the communications equipment provider’s stock worth $9,941,000 after acquiring an additional 132 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Barclays boosted their target price 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. Evercore ISI initiated coverage on shares of Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price for the company. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.38.

Insider Activity at Motorola Solutions

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

Motorola Solutions Trading Down 0.3 %

MSI stock traded down $1.05 during trading on Thursday, hitting $339.46. The company had a trading volume of 488,747 shares, compared to its average volume of 615,731. The stock has a market cap of $56.39 billion, a PE ratio of 34.27, a PEG ratio of 3.14 and a beta of 0.90. The business has a 50-day moving average of $338.77 and a 200-day moving average of $318.90. 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, Inc. has a one year low of $269.64 and a one year high of $355.39.

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

Motorola Solutions Dividend Announcement

The firm 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. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio is 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.