AustralianSuper Pty Ltd Buys 8,004 Shares of Motorola Solutions, Inc. (NYSE:MSI)

AustralianSuper Pty Ltd lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 40.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,872 shares of the communications equipment provider's stock after purchasing an additional 8,004 shares during the period. AustralianSuper Pty Ltd's holdings in Motorola Solutions were worth $12,883,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp bought a new position in Motorola Solutions during the 3rd quarter valued at about $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MSI. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Finally, Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Trading Up 2.9 %

Shares of NYSE MSI traded up $12.50 during midday trading on Wednesday, hitting $438.48. The company's stock had a trading volume of 1,397,609 shares, compared to its average volume of 801,034. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $73.28 billion, a P/E ratio of 47.56, a price-to-earnings-growth ratio of 3.22 and a beta of 1.02. The business's 50 day moving average is $465.48 and its two-hundred day moving average is $459.79. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly 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 firm 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%. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 13.46 EPS 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.