Hancock Whitney Corp Has $2.61 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Hancock Whitney Corp boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,812 shares of the communications equipment provider’s stock after acquiring an additional 26 shares during the quarter. Hancock Whitney Corp’s holdings in Motorola Solutions were worth $2,613,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MSI. International Assets Investment Management LLC boosted its stake in shares of Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the period. Swedbank AB boosted its position in Motorola Solutions by 215.7% during the second quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after purchasing an additional 699,615 shares during the period. Wulff Hansen & CO. boosted its position in Motorola Solutions by 38,505.0% during the second quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after purchasing an additional 694,630 shares during the period. Mizuho Securities USA LLC increased its holdings in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares during the last quarter. Finally, National Bank of Canada FI raised its position in shares of Motorola Solutions by 428.2% in the second quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock valued at $193,798,000 after purchasing an additional 406,638 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 2.5 %

Shares of MSI stock opened at $488.48 on Tuesday. The stock has a market cap of $81.64 billion, a P/E ratio of 53.50, a price-to-earnings-growth ratio of 4.11 and a beta of 0.97. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a 50 day simple moving average of $466.71 and a 200 day simple moving average of $421.19.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts predict that Motorola Solutions, Inc. will post 12.48 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.89%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MSI. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and a consensus target price of $493.43.

Motorola Solutions 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.