Zions Bancorporation N.A. Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Zions Bancorporation N.A. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 51.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,280 shares of the communications equipment provider’s stock after acquiring an additional 2,121 shares during the quarter. Zions Bancorporation N.A.’s holdings in Motorola Solutions were worth $2,903,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions during the 4th quarter valued at approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions in the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the third quarter valued at $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions in the fourth quarter worth $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSI. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley boosted 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 report on Friday, February 14th. Finally, Barclays cut 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, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 0.0 %

Shares of NYSE:MSI opened at $429.18 on Wednesday. The firm has a fifty day moving average price of $445.27 and a two-hundred day moving average price of $459.73. The company has a market cap of $71.65 billion, a price-to-earnings ratio of 46.55, a PEG 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. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

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

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date 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.