Parkside Financial Bank & Trust Sells 35 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Parkside Financial Bank & Trust cut its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 312 shares of the communications equipment provider’s stock after selling 35 shares during the period. Parkside Financial Bank & Trust’s holdings in Motorola Solutions were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of MSI. Northwest Capital Management Inc grew its stake in Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 40 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in Motorola Solutions during the 4th quarter worth $36,000. Bruce G. Allen Investments LLC purchased a new position in Motorola Solutions during the 4th quarter worth $38,000. BOK Financial Private Wealth Inc. grew its stake in Motorola Solutions by 73.2% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after buying an additional 52 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in Motorola Solutions during the 3rd quarter worth $52,000. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Barclays boosted their target price on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Evercore ISI initiated coverage on Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. One equities research 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 a consensus target price of $348.38.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $348.91 on Friday. The stock has a market cap of $57.96 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 3.19 and a beta of 0.90. The business has a 50-day simple moving average of $341.21 and a 200-day simple moving average of $321.52. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39.

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

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.12%. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Insiders Place Their Bets

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

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.