Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,744 shares of the communications equipment provider’s stock after selling 68 shares during the period. Hancock Whitney Corp’s holdings in Motorola Solutions were worth $2,655,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $515.25.

Motorola Solutions Price Performance

MSI stock opened at $427.85 on Friday. The stock has a market cap of $71.44 billion, a price-to-earnings ratio of 46.40, a PEG ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. 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 business has a 50 day moving average price of $422.82 and a 200 day moving average price of $455.58.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

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.