Enterprise Bank & Trust Co Has $1.23 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Enterprise Bank & Trust Co cut its position in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,930 shares of the communications equipment provider’s stock after selling 35 shares during the quarter. Enterprise Bank & Trust Co’s holdings in Motorola Solutions were worth $1,230,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC acquired a new stake in shares of Motorola Solutions during the second quarter worth $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the first quarter worth $35,000. PCA Investment Advisory Services Inc. acquired a new stake in Motorola Solutions in the second quarter worth $39,000. Eagle Bay Advisors LLC acquired a new stake in Motorola Solutions in the second quarter worth $35,000. Finally, Almanack Investment Partners LLC. acquired a new stake in Motorola Solutions in the third quarter worth $38,000. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

MSI stock traded up $1.50 during mid-day trading on Friday, hitting $344.19. The company had a trading volume of 1,231,144 shares, compared to its average volume of 647,120. The firm has a market cap of $57.17 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. Motorola Solutions, Inc. has a 12 month low of $260.85 and a 12 month high of $344.85. The stock’s fifty day moving average price is $326.80 and its two-hundred day moving average price is $308.07.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.38 earnings per share. On average, analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be paid a dividend of $0.98 per share. The ex-dividend date is Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.14%. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the transaction, the senior vice president now owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MSI has been the subject of a number of research reports. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Barclays lifted their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $328.29.

Read Our Latest Stock Analysis on Motorola Solutions

About Motorola Solutions

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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