438 Shares in Motorola Solutions, Inc. (NYSE:MSI) Acquired by Unionview LLC

Unionview LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, HoldingsChannel reports. The firm purchased 438 shares of the communications equipment provider’s stock, valued at approximately $202,000.

Several other hedge funds have also made changes to their positions in MSI. Sequoia Financial Advisors LLC increased its position in Motorola Solutions by 48.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 5,906 shares of the communications equipment provider’s stock valued at $2,655,000 after acquiring an additional 1,939 shares during the period. Eastern Bank increased its position in Motorola Solutions by 54.4% in the 3rd quarter. Eastern Bank now owns 1,496 shares of the communications equipment provider’s stock valued at $673,000 after acquiring an additional 527 shares during the period. Symphony Financial Ltd. Co. acquired a new stake in Motorola Solutions in the 3rd quarter valued at approximately $201,000. Accordant Advisory Group Inc increased its position in Motorola Solutions by 52.5% in the 3rd quarter. Accordant Advisory Group Inc now owns 122 shares of the communications equipment provider’s stock valued at $55,000 after acquiring an additional 42 shares during the period. Finally, Meadow Creek Wealth Advisors LLC increased its position in Motorola Solutions by 2.3% in the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 2,306 shares of the communications equipment provider’s stock valued at $1,037,000 after acquiring an additional 52 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 2.9 %

Shares of MSI stock opened at $438.48 on Thursday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market cap of $73.28 billion, a PE ratio of 47.56, a price-to-earnings-growth ratio of 3.22 and a beta of 1.02. The business’s fifty day moving average is $464.68 and its 200-day moving average is $459.64. Motorola Solutions, Inc. has a 1 year low of $318.20 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities analysts expect that Motorola Solutions, Inc. will post 13.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on MSI. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Morgan Stanley lifted their price target 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. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.