Parkside Financial Bank & Trust Sells 35 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Parkside Financial Bank & Trust lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 312 shares of the communications equipment provider’s stock after selling 35 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Motorola Solutions were worth $98,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. OmniStar Financial Group Inc. lifted its position in Motorola Solutions by 1.7% in the 4th quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after buying an additional 33 shares during the last quarter. Valley National Advisers Inc. lifted its position in Motorola Solutions by 21.3% in the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after buying an additional 33 shares during the last quarter. Merit Financial Group LLC lifted its position in Motorola Solutions by 3.0% in the 3rd quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock worth $354,000 after buying an additional 38 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in Motorola Solutions by 4.8% in the 4th quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock worth $264,000 after buying an additional 39 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in Motorola Solutions by 2.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,047 shares of the communications equipment provider’s stock worth $557,000 after buying an additional 40 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on MSI shares. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Barclays boosted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Evercore ISI started coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective for the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $348.38.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Motorola Solutions Price Performance

MSI opened at $348.91 on Friday. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39. The stock has a market capitalization of $57.96 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 3.19 and a beta of 0.90. The stock’s 50 day moving average price is $341.21 and its 200-day moving average price is $321.52.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27. The firm had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.38 earnings per share. On average, equities research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were paid a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.12%. Motorola Solutions’s payout ratio is 39.48%.

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.