American National Bank & Trust Sells 1,039 Shares of Motorola Solutions, Inc. (NYSE:MSI)

American National Bank & Trust lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 16.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,395 shares of the communications equipment provider's stock after selling 1,039 shares during the quarter. American National Bank & Trust's holdings in Motorola Solutions were worth $2,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions in the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSI shares. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Barclays lowered their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and an average target price of $513.25.

Insider Activity

In other news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 804 shares in the company, valued at approximately $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.44% of the stock is owned by insiders.

Motorola Solutions Trading Down 0.2%

Shares of NYSE MSI traded down $0.77 on Thursday, reaching $416.63. 588,578 shares of the company traded hands, compared to its average volume of 805,247. The company has a 50 day moving average of $420.13 and a 200 day moving average of $445.29. The stock has a market capitalization of $69.54 billion, a PE ratio of 45.19, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a fifty-two week low of $365.27 and a fifty-two week high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business's revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $2.81 EPS. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

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.