First National Bank of Mount Dora Trust Investment Services Acquires 598 Shares of Motorola Solutions, Inc. (NYSE:MSI)

First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,008 shares of the communications equipment provider's stock after purchasing an additional 598 shares during the quarter. Motorola Solutions makes up about 2.1% of First National Bank of Mount Dora Trust Investment Services' holdings, making the stock its 11th biggest holding. First National Bank of Mount Dora Trust Investment Services' holdings in Motorola Solutions were worth $8,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. American Century Companies Inc. raised its holdings in Motorola Solutions by 32.9% in the second quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider's stock worth $18,788,000 after purchasing an additional 12,048 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Motorola Solutions by 0.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 35,933 shares of the communications equipment provider's stock worth $13,872,000 after acquiring an additional 92 shares in the last quarter. Argent Trust Co boosted its position in shares of Motorola Solutions by 5.1% in the 2nd quarter. Argent Trust Co now owns 1,100 shares of the communications equipment provider's stock worth $425,000 after purchasing an additional 53 shares in the last quarter. XTX Topco Ltd grew its stake in shares of Motorola Solutions by 5.8% in the second quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider's stock worth $324,000 after acquiring an additional 46 shares during the last quarter. Finally, Brighton Jones LLC grew its position in Motorola Solutions by 6.5% during the 2nd quarter. Brighton Jones LLC now owns 902 shares of the communications equipment provider's stock valued at $348,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $2.53 during midday trading on Friday, hitting $465.23. The company had a trading volume of 621,264 shares, compared to its average volume of 732,287. The company has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a fifty day moving average of $477.21 and a two-hundred day moving average of $447.53. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. On average, equities research analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. Motorola Solutions's payout ratio is 47.75%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSI. Barclays upped their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Morgan Stanley increased their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 17th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Finally, Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $504.88.

Motorola Solutions 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.