Bradley Foster & Sargent Inc. CT cut its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 602 shares of the communications equipment provider’s stock after selling 31 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Motorola Solutions were worth $278,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. World Investment Advisors LLC increased its holdings in shares of Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after buying an additional 35,071 shares during the last quarter. Versor Investments LP bought a new stake in shares of Motorola Solutions in the 3rd quarter worth about $449,000. Groupama Asset Managment increased its holdings in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after buying an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of Motorola Solutions by 8.5% in the 3rd 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 in the 3rd quarter worth about $33,423,000. 84.17% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
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. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Morgan Stanley upped their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.
Motorola Solutions Price Performance
Motorola Solutions stock opened at $421.38 on Monday. The stock has a market cap of $70.34 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1 year low of $325.78 and a 1 year high of $507.82. The firm has a 50-day moving average of $463.02 and a two-hundred day moving average of $460.41.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings data 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). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.
Motorola Solutions Company 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.
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