Farmers Trust Co. Makes New Investment in Motorola Solutions, Inc. (NYSE:MSI)

Farmers Trust Co. acquired a new position in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 468 shares of the communications equipment provider’s stock, valued at approximately $210,000.

Several other large investors have also recently bought and sold shares of the business. Beacon Capital Management LLC grew its holdings in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the last quarter. Range Financial Group LLC grew its holdings in Motorola Solutions by 2.0% in the second quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider’s stock valued at $550,000 after purchasing an additional 28 shares during the last quarter. Pinnacle Associates Ltd. grew its holdings in Motorola Solutions by 2.5% in the first quarter. Pinnacle Associates Ltd. now owns 1,228 shares of the communications equipment provider’s stock valued at $436,000 after purchasing an additional 30 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in Motorola Solutions by 1.0% in the first quarter. Rehmann Capital Advisory Group now owns 2,910 shares of the communications equipment provider’s stock valued at $1,033,000 after purchasing an additional 30 shares during the last quarter. Finally, Forum Financial Management LP grew its holdings in Motorola Solutions by 2.3% in the second quarter. Forum Financial Management LP now owns 1,350 shares of the communications equipment provider’s stock valued at $521,000 after purchasing an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Jefferies Financial Group increased their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Bank of America increased their price objective on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Barclays increased their price objective on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $466.17.

Motorola Solutions Trading Up 0.3 %

NYSE MSI traded up $1.19 during trading hours on Friday, hitting $450.30. 627,220 shares of the company’s stock were exchanged, compared to its average volume of 668,937. The business’s 50 day moving average is $429.92 and its 200-day moving average is $388.46. The firm has a market capitalization of $75.11 billion, a P/E ratio of 55.66, a price-to-earnings-growth ratio of 3.90 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a 12-month low of $271.10 and a 12-month high of $452.00.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.23. The company had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $2.41 EPS. As a group, analysts anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.87%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Insider Activity at Motorola Solutions

In related news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the sale, the chief operating officer now directly owns 46,821 shares in the company, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.50% of the company’s stock.

About Motorola Solutions

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.