CENTRAL TRUST Co Sells 82 Shares of Motorola Solutions, Inc. (NYSE:MSI)

CENTRAL TRUST Co lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,954 shares of the communications equipment provider’s stock after selling 82 shares during the quarter. CENTRAL TRUST Co’s holdings in Motorola Solutions were worth $1,759,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of MSI. M&T Bank Corp boosted its position in shares of Motorola Solutions by 8.8% during the 3rd quarter. M&T Bank Corp now owns 19,536 shares of the communications equipment provider’s stock worth $5,318,000 after purchasing an additional 1,579 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Motorola Solutions during the 3rd quarter worth about $212,000. ORG Partners LLC boosted its position in shares of Motorola Solutions by 412.5% during the 3rd quarter. ORG Partners LLC now owns 287 shares of the communications equipment provider’s stock worth $78,000 after purchasing an additional 231 shares in the last quarter. Fortis Capital Management LLC boosted its position in shares of Motorola Solutions by 9.2% during the 3rd quarter. Fortis Capital Management LLC now owns 4,731 shares of the communications equipment provider’s stock worth $1,288,000 after purchasing an additional 397 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in Motorola Solutions by 0.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 43,157 shares of the communications equipment provider’s stock valued at $11,749,000 after acquiring an additional 162 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the transaction, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The disclosure for this sale can be found here. Insiders sold a total of 8,169 shares of company stock worth $2,803,460 in the last quarter. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Down 2.1 %

NYSE:MSI traded down $7.72 on Thursday, hitting $363.35. The stock had a trading volume of 563,057 shares, compared to its average volume of 660,631. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The stock has a market cap of $60.61 billion, a P/E ratio of 45.87, a price-to-earnings-growth ratio of 3.25 and a beta of 0.91. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $372.01. The firm’s fifty day simple moving average is $350.70 and its two-hundred day simple moving average is $331.47.

Motorola Solutions Announces Dividend

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

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.