Los Angeles Capital Management LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Los Angeles Capital Management LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 16.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 476,564 shares of the communications equipment provider’s stock after purchasing an additional 67,143 shares during the quarter. Motorola Solutions accounts for about 0.9% of Los Angeles Capital Management LLC’s portfolio, making the stock its 16th largest position. Los Angeles Capital Management LLC owned about 0.29% of Motorola Solutions worth $220,282,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. increased its stake in Motorola Solutions by 0.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,899 shares of the communications equipment provider’s stock worth $9,328,000 after acquiring an additional 106 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of Motorola Solutions by 10.3% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,335 shares of the communications equipment provider’s stock valued at $600,000 after purchasing an additional 125 shares during the last quarter. GHP Investment Advisors Inc. raised its holdings in Motorola Solutions by 297.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 167 shares of the communications equipment provider’s stock valued at $75,000 after buying an additional 125 shares during the period. Frank Rimerman Advisors LLC increased its position in Motorola Solutions by 3.4% during the third quarter. Frank Rimerman Advisors LLC now owns 1,894 shares of the communications equipment provider’s stock valued at $852,000 after acquiring an additional 62 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in shares of Motorola Solutions by 6.9% in the third quarter. State of Alaska Department of Revenue now owns 19,381 shares of the communications equipment provider’s stock valued at $8,714,000 after acquiring an additional 1,245 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

MSI opened at $420.65 on Tuesday. The company has a market capitalization of $70.22 billion, a price-to-earnings ratio of 45.62, a PEG ratio of 3.82 and a beta of 1.02. 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, Inc. has a 12-month low of $326.22 and a 12-month high of $507.82. The business’s fifty day simple moving average is $462.09 and its 200-day simple moving average is $460.47.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MSI has been the topic of several analyst reports. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.