Intrust Bank NA Purchases 153 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Intrust Bank NA lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,095 shares of the communications equipment provider’s stock after purchasing an additional 153 shares during the quarter. Intrust Bank NA’s holdings in Motorola Solutions were worth $1,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MSI. Vanguard Group Inc. boosted its stake in Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock worth $9,789,955,000 after buying an additional 310,919 shares in the last quarter. State Street Corp lifted its holdings in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the period. Geode Capital Management LLC boosted its position in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after acquiring an additional 89,320 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at about $1,528,949,000. Finally, Norges Bank bought a new stake in Motorola Solutions in the fourth quarter valued at about $1,073,645,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 0.2 %

Shares of MSI opened at $433.38 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $72.35 billion, a price-to-earnings ratio of 47.00, a PEG ratio of 3.82 and a beta of 1.03. The stock has a fifty day moving average price of $443.47 and a two-hundred day moving average price of $459.31. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. Motorola Solutions’s payout ratio is 47.29%.

Analyst Ratings Changes

MSI has been the topic of a number of recent research reports. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.