First Nebraska Trust Co Buys 25,371 Shares of Motorola Solutions, Inc. $MSI

First Nebraska Trust Co bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,371 shares of the communications equipment provider’s stock, valued at approximately $11,314,000. Motorola Solutions makes up approximately 0.9% of First Nebraska Trust Co’s investment portfolio, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp grew its holdings in shares of Motorola Solutions by 4.3% during the second quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock valued at $3,269,332,000 after buying an additional 323,725 shares in the last quarter. Aristotle Capital Management LLC acquired a new position in Motorola Solutions during the first quarter valued at $983,432,000. Amundi raised its position in Motorola Solutions by 1.9% during the first quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock valued at $694,565,000 after buying an additional 30,264 shares during the period. Bank of America Corp DE raised its position in Motorola Solutions by 34.3% during the first quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock valued at $599,532,000 after buying an additional 352,679 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in Motorola Solutions by 5.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock worth $539,958,000 after acquiring an additional 59,294 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on MSI. Zacks Research lowered Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Truist Financial lifted their target price on Motorola Solutions from $525.00 to $545.00 and gave the company a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $525.00 to $545.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Bank of America reissued a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. Finally, Barclays raised their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $530.10.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, SVP Kathryn Moore sold 1,004 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares in the company, valued at $611,462.72. The trade was a 43.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gregory Q. Brown sold 14,220 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the transaction, the chief executive officer directly owned 66,648 shares in the company, valued at approximately $32,338,942.56. The trade was a 17.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.28% of the company’s stock.

Motorola Solutions Trading Up 0.8%

Motorola Solutions stock opened at $491.24 on Wednesday. The company’s fifty day simple moving average is $466.62 and its 200-day simple moving average is $440.18. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $499.00. The stock has a market cap of $81.29 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.91 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. During the same period in the prior year, the business posted $3.57 earnings per share. Motorola Solutions’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were given a dividend of $1.21 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.11%.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.

Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.