Wesbanco Bank Inc. Invests $341,000 in Motorola Solutions, Inc. (NYSE:MSI)

Wesbanco Bank Inc. purchased a new position in Motorola Solutions, Inc. (NYSE:MSI – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,326 shares of the communications equipment provider’s stock, valued at approximately $341,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MSI. Integrated Advisors Network LLC lifted its stake in Motorola Solutions by 3.8% in the third quarter. Integrated Advisors Network LLC now owns 1,217 shares of the communications equipment provider’s stock worth $273,000 after acquiring an additional 44 shares during the period. Moody National Bank Trust Division lifted its stake in Motorola Solutions by 2.9% in the fourth quarter. Moody National Bank Trust Division now owns 1,624 shares of the communications equipment provider’s stock worth $419,000 after acquiring an additional 46 shares during the period. Douglas Lane & Associates LLC lifted its stake in Motorola Solutions by 4.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 1,171 shares of the communications equipment provider’s stock worth $302,000 after acquiring an additional 46 shares during the period. Sequoia Financial Advisors LLC lifted its stake in Motorola Solutions by 4.3% in the third quarter. Sequoia Financial Advisors LLC now owns 1,176 shares of the communications equipment provider’s stock worth $263,000 after acquiring an additional 48 shares during the period. Finally, AlphaCrest Capital Management LLC lifted its stake in Motorola Solutions by 0.9% in the third quarter. AlphaCrest Capital Management LLC now owns 6,246 shares of the communications equipment provider’s stock worth $1,399,000 after acquiring an additional 55 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

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Insider Transactions at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 8,734 shares of Motorola Solutions stock in a transaction dated Thursday, March 9th. The stock was sold at an average price of $270.37, for a total value of $2,361,411.58. Following the completion of the sale, the senior vice president now directly owns 2,873 shares in the company, valued at approximately $776,773.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, SVP Cynthia Yazdi sold 8,734 shares of Motorola Solutions stock in a transaction dated Thursday, March 9th. The stock was sold at an average price of $270.37, for a total value of $2,361,411.58. Following the completion of the sale, the senior vice president now directly owns 2,873 shares in the company, valued at approximately $776,773.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 26,933 shares of Motorola Solutions stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $271.25, for a total value of $7,305,576.25. Following the completion of the sale, the chief executive officer now owns 48,142 shares of the company’s stock, valued at $13,058,517.50. The disclosure for this sale can be found here. Insiders sold a total of 37,167 shares of company stock valued at $10,066,483 in the last quarter. 1.85% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research analyst reports. StockNews.com initiated coverage on Motorola Solutions in a research note on Thursday, March 16th. They issued a “buy” rating for the company. Edward Jones lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, January 23rd. Barclays lowered their price objective on Motorola Solutions from $306.00 to $303.00 and set an “overweight” rating for the company in a research report on Friday, February 10th. JPMorgan Chase & Co. raised Motorola Solutions from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $300.00 to $305.00 in a research report on Thursday, March 16th. Finally, Credit Suisse Group lowered Motorola Solutions from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $300.00 to $270.00 in a research report on Wednesday, January 11th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $290.67.

Motorola Solutions Price Performance

MSI opened at $274.20 on Tuesday. The stock has a 50-day moving average price of $263.23 and a 200-day moving average price of $254.11. The company has a debt-to-equity ratio of 45.90, a current ratio of 1.15 and a quick ratio of 0.92. The firm has a market cap of $45.86 billion, a PE ratio of 34.58, a P/E/G ratio of 2.99 and a beta of 0.92. Motorola Solutions, Inc. has a 1 year low of $195.18 and a 1 year high of $275.83.

Motorola Solutions (NYSE:MSI – Get Rating) last posted its quarterly earnings results on Thursday, February 9th. The communications equipment provider reported $3.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.43 by $0.17. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.53 billion. Motorola Solutions had a negative return on equity of 663.73% and a net margin of 14.96%. Motorola Solutions’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.66 EPS. Sell-side analysts predict that Motorola Solutions, Inc. will post 10.1 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Wednesday, March 15th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Tuesday, March 14th. Motorola Solutions’s dividend payout ratio is presently 44.39%.

Motorola Solutions Profile

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Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the following 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 the implementation and integration of such systems, devices, and applications.

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