American National Bank & Trust Has $2.36 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

American National Bank & Trust trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 16.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 5,395 shares of the communications equipment provider's stock after selling 1,039 shares during the period. American National Bank & Trust's holdings in Motorola Solutions were worth $2,362,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. Norges Bank acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. GAMMA Investing LLC increased its holdings in shares of Motorola Solutions by 43,787.3% in the first quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after buying an additional 451,172 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the transaction, the chief accounting officer now directly owns 804 shares of the company's stock, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Stock Down 1.1%

Motorola Solutions stock traded down $4.66 during midday trading on Wednesday, reaching $417.55. The stock had a trading volume of 1,068,151 shares, compared to its average volume of 805,636. The stock has a market capitalization of $69.70 billion, a P/E ratio of 45.29, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The firm's fifty day simple moving average is $420.45 and its 200-day simple moving average is $445.48. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1-year low of $365.24 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $2.81 earnings per share. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's payout ratio is 36.39%.

Wall Street Analyst Weigh In

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

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.