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

Glenview Trust co lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 66.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,599 shares of the communications equipment provider’s stock after purchasing an additional 1,041 shares during the period. Glenview Trust co’s holdings in Motorola Solutions were worth $1,201,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions during the fourth quarter worth $29,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the third quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the fourth quarter worth $30,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.9 %

NYSE MSI opened at $421.51 on Tuesday. The firm has a market cap of $70.37 billion, a P/E ratio of 45.72, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock’s 50-day moving average is $449.35 and its 200-day moving average is $460.30. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last released 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 analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is presently 47.29%.

Analyst Ratings Changes

Several brokerages have recently commented on MSI. Deutsche Bank Aktiengesellschaft increased their target price 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 raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.