US Bancorp DE Has $63.01 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

US Bancorp DE lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 11.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,326 shares of the communications equipment provider’s stock after selling 18,005 shares during the quarter. US Bancorp DE’s holdings in Motorola Solutions were worth $63,014,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Tradition Wealth Management LLC grew its stake in shares of 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 last quarter. Omnia Family Wealth LLC lifted its holdings in Motorola Solutions by 2.2% during 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. Center for Financial Planning Inc. lifted its holdings in Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 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 third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after buying an additional 26 shares during the period. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after buying an additional 26 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $441.37 on Friday. The firm has a market capitalization of $73.68 billion, a P/E ratio of 47.87, a P/E/G ratio of 3.82 and a beta of 1.02. The firm’s 50-day moving average price is $459.38 and its 200-day moving average price is $460.65. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 1-year low of $328.13 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.99%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Barclays cut their price objective 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. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $505.88.

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.