Avestar Capital LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 20.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,488 shares of the communications equipment provider’s stock after acquiring an additional 249 shares during the period. Avestar Capital LLC’s holdings in Motorola Solutions were worth $688,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of MSI. World Investment Advisors LLC raised its holdings in shares of Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP bought a new position in Motorola Solutions during the third quarter valued at about $449,000. Groupama Asset Managment raised its holdings in Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after buying an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC lifted its position in shares of Motorola Solutions by 8.5% in the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after buying an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas bought a new stake in shares of Motorola Solutions during the 3rd quarter worth about $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on MSI shares. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Morgan Stanley boosted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Bank of America raised their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $504.88.
Motorola Solutions Stock Performance
NYSE:MSI opened at $464.80 on Friday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The firm’s 50-day moving average is $468.99 and its 200-day moving average is $458.21. Motorola Solutions, Inc. has a 52-week low of $316.34 and a 52-week high of $507.82. The company has a market cap of $77.68 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 3.54 and a beta of 1.02.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.
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.
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