25,371 Shares in Motorola Solutions, Inc. $MSI Bought by First Nebraska Trust Co

First Nebraska Trust Co acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 25,371 shares of the communications equipment provider’s stock, valued at approximately $11,314,000. Motorola Solutions makes up about 0.9% of First Nebraska Trust Co’s portfolio, making the stock its 24th largest position.

A number of other hedge funds have also made changes to their positions in MSI. Atticus Wealth Management LLC lifted its position in Motorola Solutions by 3.6% in the third quarter. Atticus Wealth Management LLC now owns 632 shares of the communications equipment provider’s stock worth $282,000 after purchasing an additional 22 shares during the period. Ausdal Financial Partners Inc. increased its position in shares of Motorola Solutions by 3.0% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 780 shares of the communications equipment provider’s stock valued at $324,000 after purchasing an additional 23 shares during the period. Tsfg LLC increased its position in shares of Motorola Solutions by 16.4% during the 2nd quarter. Tsfg LLC now owns 185 shares of the communications equipment provider’s stock valued at $77,000 after purchasing an additional 26 shares during the period. Frank Rimerman Advisors LLC increased its position in shares of Motorola Solutions by 1.1% during the 1st quarter. Frank Rimerman Advisors LLC now owns 2,524 shares of the communications equipment provider’s stock valued at $1,095,000 after purchasing an additional 27 shares during the period. Finally, Fulton Bank N.A. raised its stake in shares of Motorola Solutions by 3.4% in the 2nd quarter. Fulton Bank N.A. now owns 847 shares of the communications equipment provider’s stock worth $352,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Truist Financial upped their price objective on Motorola Solutions from $525.00 to $545.00 and gave the company a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of Motorola Solutions from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. UBS Group upped their price target on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Barclays raised their price objective on shares of Motorola Solutions from $509.00 to $529.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Buy” and a consensus target price of $530.10.

Motorola Solutions Price Performance

NYSE MSI opened at $491.24 on Wednesday. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $499.00. The business’s fifty day moving average is $466.62 and its two-hundred day moving average is $440.18. The stock has a market capitalization of $81.29 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.91 and a beta of 0.86. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.86 and a current ratio of 1.10.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company posted $3.57 EPS. On average, research analysts forecast that Motorola Solutions, Inc. will post 15.87 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were issued a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s dividend payout ratio is currently 38.11%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the sale, the senior vice president owned 1,282 shares in the company, valued at approximately $611,462.72. The trade was a 43.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Brown sold 14,220 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total value of $6,899,828.40. Following the sale, the chief executive officer owned 66,648 shares in the company, valued at approximately $32,338,942.56. The trade was a 17.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.28% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.

Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.