US Bancorp DE Sells 4,169 Shares of Motorola Solutions, Inc. $MSI

US Bancorp DE cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 129,010 shares of the communications equipment provider’s stock after selling 4,169 shares during the period. US Bancorp DE’s holdings in Motorola Solutions were worth $49,452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MSI. Orion Capital Management LLC bought a new stake in Motorola Solutions in the 3rd quarter worth about $25,000. United Community Bank increased its holdings in Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares in the last quarter. Strategic Advocates LLC bought a new stake in Motorola Solutions in the 3rd quarter worth about $28,000. JPL Wealth Management LLC bought a new stake in Motorola Solutions in the 3rd quarter worth about $31,000. Finally, Harbor Investment Advisory LLC increased its holdings in Motorola Solutions by 45.8% in the 4th quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock worth $33,000 after buying an additional 27 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Motorola Solutions news, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the transaction, the director directly owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. This trade represents a 5.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Cynthia Yazdi sold 7,000 shares of Motorola Solutions stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $471.01, for a total value of $3,297,070.00. Following the transaction, the chief executive officer directly owned 9,529 shares in the company, valued at approximately $4,488,254.29. The trade was a 42.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 129,069 shares of company stock valued at $60,779,964. Insiders own 1.28% of the company’s stock.

Motorola Solutions Trading Up 2.3%

Shares of NYSE:MSI opened at $439.18 on Friday. The stock has a market capitalization of $72.99 billion, a price-to-earnings ratio of 34.42, a PEG ratio of 2.99 and a beta of 0.99. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The stock’s 50-day simple moving average is $452.44 and its two-hundred day simple moving average is $417.66. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. The business had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $4.04 earnings per share. Analysts expect that Motorola Solutions, Inc. will post 15.25 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were given a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, March 20th. Motorola Solutions’s dividend payout ratio (DPR) is presently 37.93%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Argus upgraded Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Piper Sandler reiterated an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Finally, Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions has an average rating of “Buy” and a consensus price target of $502.50.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.