Handelsbanken Fonder AB Acquires 6,718 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Handelsbanken Fonder AB boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,140 shares of the communications equipment provider's stock after purchasing an additional 6,718 shares during the quarter. Handelsbanken Fonder AB owned about 0.06% of Motorola Solutions worth $47,674,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in MSI. International Assets Investment Management LLC boosted its position in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider's stock worth $435,064,000 after purchasing an additional 965,972 shares during the period. Mizuho Securities USA LLC lifted its holdings in shares of Motorola Solutions by 4,447.9% during the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider's stock worth $262,989,000 after buying an additional 572,040 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider's stock worth $140,131,000 after buying an additional 257,727 shares during the last quarter. State Street Corp lifted its holdings in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock worth $3,358,848,000 after buying an additional 198,183 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after buying an additional 165,353 shares during the last quarter. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded down $13.13 during trading hours on Friday, reaching $421.38. The stock had a trading volume of 1,180,051 shares, compared to its average volume of 817,693. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The business's fifty day moving average is $463.99 and its two-hundred day moving average is $459.47. Motorola Solutions, Inc. has a twelve month low of $325.78 and a twelve month high of $507.82. The company has a market cap of $70.35 billion, a price-to-earnings ratio of 45.70, a PEG ratio of 3.89 and a beta of 1.02.

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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.46 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MSI shares. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Finally, StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $505.88.

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.