Trust Investment Advisors Sells 396 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Trust Investment Advisors lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,720 shares of the communications equipment provider’s stock after selling 396 shares during the quarter. Motorola Solutions makes up about 1.4% of Trust Investment Advisors’ holdings, making the stock its 15th biggest holding. Trust Investment Advisors’ holdings in Motorola Solutions were worth $2,182,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MSI. Tradition Wealth Management LLC increased its stake in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 21 shares during the period. Center for Financial Planning Inc. increased its position in shares of Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after purchasing an additional 25 shares during the period. Prestige Wealth Management Group LLC raised its stake in Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after purchasing an additional 25 shares in the last quarter. Hancock Whitney Corp lifted its position in Motorola Solutions by 0.4% during the third quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider’s stock worth $2,613,000 after purchasing an additional 26 shares during the period. Finally, Harvest Fund Management Co. Ltd grew its stake in Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after buying an additional 26 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent analyst reports. 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 report on Friday, February 14th. Morgan Stanley raised their price target 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, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $429.18 on Wednesday. The firm has a market cap of $71.65 billion, a P/E ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03. The stock’s 50 day moving average is $445.27 and its 200 day moving average is $459.73. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. 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 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 firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

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 paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 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.