Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Oakworth Capital Inc.

Oakworth Capital Inc. lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 206.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 230 shares of the communications equipment provider’s stock after purchasing an additional 155 shares during the period. Oakworth Capital Inc.’s holdings in Motorola Solutions were worth $72,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. KLCM Advisors Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $229,000. SVB Wealth LLC increased its position in shares of Motorola Solutions by 33.1% in the fourth quarter. SVB Wealth LLC now owns 2,560 shares of the communications equipment provider’s stock worth $801,000 after acquiring an additional 636 shares in the last quarter. Flputnam Investment Management Co. increased its position in shares of Motorola Solutions by 1.6% in the fourth quarter. Flputnam Investment Management Co. now owns 21,974 shares of the communications equipment provider’s stock worth $6,880,000 after acquiring an additional 339 shares in the last quarter. Legacy CG LLC increased its position in shares of Motorola Solutions by 5.8% in the fourth quarter. Legacy CG LLC now owns 14,995 shares of the communications equipment provider’s stock worth $4,695,000 after acquiring an additional 820 shares in the last quarter. Finally, Cullen Investment Group LTD. purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $5,596,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE MSI opened at $340.51 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The stock has a market capitalization of $56.57 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a 50 day moving average price of $338.77 and a two-hundred day moving average price of $318.90. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $355.39.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to analysts’ expectations 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 was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.38 earnings per share. As a group, equities analysts predict 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 was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is 39.48%.

Insider Transactions at Motorola Solutions

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MSI. Barclays lifted their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Evercore ISI initiated coverage on shares of Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price target for the company. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.38.

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.