Burke & Herbert Bank & Trust Co. Invests $202,000 in Motorola Solutions, Inc. (NYSE:MSI)

Burke & Herbert Bank & Trust Co. purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 437 shares of the communications equipment provider’s stock, valued at approximately $202,000.

A number of other hedge funds have also added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the 3rd quarter valued at about $31,000. Finally, Planning Capital Management Corp bought a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE MSI opened at $437.35 on Monday. 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 company has a market cap of $73.09 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52 week low of $318.20 and a 52 week high of $507.82. The firm’s 50-day simple moving average is $467.34 and its two-hundred day simple moving average is $459.41.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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 business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on MSI. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America boosted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday. Finally, Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.