US Bancorp DE Sells 4,697 Shares of Motorola Solutions, Inc. (NYSE:MSI)

US Bancorp DE decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 160,384 shares of the communications equipment provider’s stock after selling 4,697 shares during the quarter. US Bancorp DE owned approximately 0.10% of Motorola Solutions worth $50,215,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Beacon Pointe Advisors LLC raised its position in shares of Motorola Solutions by 0.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock valued at $1,488,000 after purchasing an additional 32 shares during the period. OmniStar Financial Group Inc. raised its position in shares of Motorola Solutions by 1.7% in the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock valued at $636,000 after purchasing an additional 33 shares during the period. Valley National Advisers Inc. raised its position in shares of Motorola Solutions by 21.3% in the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock valued at $58,000 after purchasing an additional 33 shares during the period. Merit Financial Group LLC raised its position in shares of Motorola Solutions by 3.0% in the third quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock valued at $354,000 after purchasing an additional 38 shares during the period. Finally, Valeo Financial Advisors LLC raised its position in shares of Motorola Solutions by 4.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock valued at $264,000 after purchasing an additional 39 shares during the period. Institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the sale, the chief accounting officer now owns 1,138 shares in the company, valued at approximately $403,625.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the transaction, the chief accounting officer now directly owns 1,138 shares in the company, valued at approximately $403,625.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the sale, the senior vice president now owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Insiders have sold a total of 8,169 shares of company stock worth $2,803,460 in the last three months. Insiders own 1.50% of the company’s stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $1.25 during midday trading on Friday, hitting $364.60. 518,466 shares of the company were exchanged, compared to its average volume of 759,776. The firm has a 50 day simple moving average of $351.52 and a 200-day simple moving average of $332.11. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a market cap of $60.82 billion, a P/E ratio of 45.07, a PEG ratio of 3.19 and a beta of 0.91. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $372.01.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. Research analysts forecast that Motorola Solutions, Inc. will post 12.03 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s payout ratio is currently 48.45%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Barclays raised their price objective on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $357.43.

Motorola Solutions Company 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.