Global Trust Asset Management LLC Purchases 302 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Global Trust Asset Management LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 67.1% during the first quarter, Holdings Channel.com reports. The firm owned 752 shares of the communications equipment provider’s stock after buying an additional 302 shares during the quarter. Global Trust Asset Management LLC’s holdings in Motorola Solutions were worth $329,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Prestige Wealth Management Group LLC increased its stake in shares of Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after purchasing an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after acquiring an additional 25 shares in the last quarter. Clark Capital Management Group Inc. increased its position in shares of Motorola Solutions by 4.3% during the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 26 shares in the last quarter. Wesbanco Bank Inc. raised its stake in Motorola Solutions by 2.0% during the 1st quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider’s stock valued at $576,000 after buying an additional 26 shares during the last quarter. Finally, Cozad Asset Management Inc. raised its stake in Motorola Solutions by 2.8% during the 4th quarter. Cozad Asset Management Inc. now owns 1,008 shares of the communications equipment provider’s stock valued at $466,000 after buying an additional 27 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on MSI shares. JPMorgan Chase & Co. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Barclays reduced their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Finally, William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $513.25.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $407.07 on Tuesday. The firm has a 50 day simple moving average of $419.20 and a 200-day simple moving average of $439.92. The stock has a market cap of $67.95 billion, a price-to-earnings ratio of 44.15, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1-year low of $375.82 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.81 EPS. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. Motorola Solutions’s payout ratio is 36.39%.

Insider Activity

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the firm’s stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now directly owns 804 shares of the company’s stock, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.44% of the company’s stock.

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.