Blue Trust Inc. Buys 527 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Blue Trust Inc. raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,847 shares of the communications equipment provider’s stock after acquiring an additional 527 shares during the period. Blue Trust Inc.’s holdings in Motorola Solutions were worth $2,179,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tradition Wealth Management LLC grew its stake in Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares during the period. Fidelis Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after buying an additional 22 shares in the last quarter. Omnia Family Wealth LLC grew its position in shares of Motorola Solutions by 2.2% in the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after buying an additional 25 shares during the period. Harbour Investments Inc. increased its stake in shares of Motorola Solutions by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after acquiring an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after acquiring an additional 26 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 2.3 %

Shares of NYSE:MSI opened at $467.95 on Tuesday. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The stock’s fifty day moving average price is $474.94 and its 200-day moving average price is $451.31. The company has a market cap of $78.20 billion, a P/E ratio of 51.25, a PEG ratio of 3.47 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.93%. Motorola Solutions’s payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Bank of America upped their price objective 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 raised their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Morgan Stanley lifted their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $504.88.

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.