Glenview Trust co Purchases 1,041 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Glenview Trust co lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 66.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,599 shares of the communications equipment provider’s stock after buying an additional 1,041 shares during the quarter. Glenview Trust co’s holdings in Motorola Solutions were worth $1,201,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. Empowered Funds LLC lifted its holdings in Motorola Solutions by 26.4% in the 3rd quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider’s stock worth $2,924,000 after purchasing an additional 1,358 shares during the last quarter. Natixis Advisors LLC lifted its holdings in Motorola Solutions by 10.7% in the 3rd quarter. Natixis Advisors LLC now owns 110,760 shares of the communications equipment provider’s stock worth $49,801,000 after purchasing an additional 10,662 shares during the last quarter. Claro Advisors LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth approximately $205,000. Thrivent Financial for Lutherans lifted its holdings in Motorola Solutions by 144.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 71,530 shares of the communications equipment provider’s stock worth $32,163,000 after purchasing an additional 42,212 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Motorola Solutions by 0.4% in the 3rd quarter. Swiss National Bank now owns 495,043 shares of the communications equipment provider’s stock worth $222,586,000 after purchasing an additional 1,800 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSI. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $421.51 on Tuesday. The business has a fifty day simple moving average of $449.35 and a 200 day simple moving average of $460.30. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $70.37 billion, a price-to-earnings ratio of 45.72, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

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.