Colonial Trust Co SC Acquires 41 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Colonial Trust Co SC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 44.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 133 shares of the communications equipment provider’s stock after acquiring an additional 41 shares during the period. Colonial Trust Co SC’s holdings in Motorola Solutions were worth $61,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at $29,000. SBI Securities Co. Ltd. acquired a new position in Motorola Solutions during the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions during the fourth quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSI has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price 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. Barclays cut their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. JPMorgan Chase & Co. decreased their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Finally, StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $513.25.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $405.86 on Friday. The business’s 50-day simple moving average is $421.25 and its 200 day simple moving average is $451.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a market cap of $67.76 billion, a price-to-earnings ratio of 44.02, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 12-month low of $356.30 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the previous year, the company earned $2.81 EPS. Motorola Solutions’s revenue was up 5.8% on a year-over-year basis. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.07%. Motorola Solutions’s dividend payout ratio is currently 36.39%.

About Motorola Solutions

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.