Glenview Trust co Acquires 1,041 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Glenview Trust co grew its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 66.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,599 shares of the communications equipment provider's stock after purchasing an additional 1,041 shares during the period. Glenview Trust co's holdings in Motorola Solutions were worth $1,201,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions during the 4th quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions in the 4th quarter valued at about $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI stock traded up $1.11 during trading on Friday, reaching $423.39. 1,140,538 shares of the company's stock were exchanged, compared to its average volume of 690,944. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The firm's fifty day moving average price is $447.09 and its 200-day moving average price is $459.64. 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 capitalization of $70.68 billion, a PE ratio of 45.92, a PEG ratio of 3.82 and a beta of 1.03.

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Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley upped their price target 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. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

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.