Burke & Herbert Bank & Trust Co. Buys Shares of 437 Motorola Solutions, Inc. (NYSE:MSI)

Burke & Herbert Bank & Trust Co. purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 437 shares of the communications equipment provider’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pittenger & Anderson Inc. increased its position in Motorola Solutions by 54,090.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 5,961 shares of the communications equipment provider’s stock valued at $2,755,000 after acquiring an additional 5,950 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Motorola Solutions by 8.8% in the fourth quarter. Sanctuary Advisors LLC now owns 24,847 shares of the communications equipment provider’s stock worth $11,743,000 after purchasing an additional 2,006 shares during the last quarter. Sierra Ocean LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at $35,000. J.W. Cole Advisors Inc. raised its position in Motorola Solutions by 6.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 2,964 shares of the communications equipment provider’s stock worth $1,370,000 after purchasing an additional 168 shares during the last quarter. Finally, Valmark Advisers Inc. raised its position in Motorola Solutions by 0.7% during the 4th quarter. Valmark Advisers Inc. now owns 4,682 shares of the communications equipment provider’s stock worth $2,164,000 after purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSI shares. Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday. Barclays lowered their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Down 6.2 %

Shares of NYSE MSI opened at $437.35 on Monday. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The firm has a market cap of $73.09 billion, a PE ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. The company’s fifty day simple moving average is $467.34 and its 200 day simple moving average is $459.41.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data 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). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

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.