Trust Investment Advisors Purchases 150 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Trust Investment Advisors raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,466 shares of the communications equipment provider’s stock after purchasing an additional 150 shares during the quarter. Motorola Solutions accounts for about 1.3% of Trust Investment Advisors’ investment portfolio, making the stock its 20th biggest holding. Trust Investment Advisors’ holdings in Motorola Solutions were worth $1,603,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in Motorola Solutions by 3.5% during the 1st quarter. Geode Capital Management LLC now owns 3,531,492 shares of the communications equipment provider’s stock valued at $1,008,362,000 after purchasing an additional 119,907 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of Motorola Solutions by 5.7% during the 1st quarter. Deutsche Bank AG now owns 1,935,585 shares of the communications equipment provider’s stock valued at $553,829,000 after acquiring an additional 104,774 shares during the last quarter. Norges Bank purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $470,994,000. Bank of America Corp DE boosted its holdings in shares of Motorola Solutions by 3.0% during the 1st quarter. Bank of America Corp DE now owns 1,632,552 shares of the communications equipment provider’s stock valued at $467,122,000 after acquiring an additional 47,331 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of Motorola Solutions by 19.8% during the 4th quarter. Morgan Stanley now owns 1,443,617 shares of the communications equipment provider’s stock valued at $372,035,000 after acquiring an additional 238,894 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Jason J. Winkler sold 5,656 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the sale, the chief financial officer now owns 6,732 shares in the company, valued at $2,055,212.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CFO Jason J. Winkler sold 5,656 shares of Motorola Solutions stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $305.29, for a total value of $1,726,720.24. Following the sale, the chief financial officer now directly owns 6,732 shares of the company’s stock, valued at $2,055,212.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 65,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.27, for a total value of $19,842,550.00. Following the transaction, the chief executive officer now directly owns 62,105 shares of the company’s stock, valued at $18,958,793.35. The disclosure for this sale can be found here. Insiders sold 76,506 shares of company stock worth $23,359,370 in the last three months. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MSI. Barclays dropped their price target on shares of Motorola Solutions from $329.00 to $322.00 and set an “overweight” rating on the stock in a report on Friday, August 4th. Raymond James raised their price target on shares of Motorola Solutions from $315.00 to $320.00 and gave the company an “outperform” rating in a report on Friday, August 4th. JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $320.00 to $311.00 and set an “overweight” rating on the stock in a report on Monday, August 7th. Bank of America initiated coverage on shares of Motorola Solutions in a research report on Monday, October 9th. They set a “buy” rating and a $330.00 target price for the company. Finally, Morgan Stanley increased their price target on shares of Motorola Solutions from $290.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Friday, August 4th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $312.57.

Motorola Solutions Price Performance

Shares of NYSE MSI traded up $0.99 during midday trading on Friday, reaching $318.25. The stock had a trading volume of 694,921 shares, compared to its average volume of 777,212. The company has a market capitalization of $52.83 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 3.02 and a beta of 0.91. Motorola Solutions, Inc. has a 12-month low of $251.00 and a 12-month high of $320.00. The stock has a 50-day moving average of $287.01 and a 200-day moving average of $286.19. The company has a debt-to-equity ratio of 12.51, a quick ratio of 0.77 and a current ratio of 0.95.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 2nd. The communications equipment provider reported $3.19 earnings per share for the quarter, topping the consensus estimate of $3.03 by $0.16. Motorola Solutions had a net margin of 17.30% and a return on equity of 668.00%. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter in the prior year, the firm posted $2.79 EPS. Motorola Solutions’s quarterly revenue was up 7.7% compared to the same quarter last year. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 10.61 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.88. This represents a $3.92 dividend on an annualized basis and a yield of 1.23%. Motorola Solutions’s payout ratio is currently 35.59%.

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.