Kentucky Retirement Systems Insurance Trust Fund Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Kentucky Retirement Systems Insurance Trust Fund increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 65.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,154 shares of the communications equipment provider's stock after purchasing an additional 3,214 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund's holdings in Motorola Solutions were worth $3,769,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Tradition Wealth Management LLC grew its position in Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock worth $294,000 after buying an additional 21 shares in the last quarter. Fidelis Capital Partners LLC grew its position in Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock worth $1,038,000 after buying an additional 22 shares in the last quarter. Omnia Family Wealth LLC grew its position in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider's stock worth $527,000 after buying an additional 25 shares in the last quarter. Center for Financial Planning Inc. grew its position in Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock worth $2,337,000 after buying an additional 25 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock worth $578,000 after buying an additional 26 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 3.0 %

NYSE:MSI traded down $13.13 during mid-day trading on Friday, reaching $421.38. 1,180,051 shares of the company's stock traded hands, compared to its average volume of 817,693. Motorola Solutions, Inc. has a 12-month low of $325.78 and a 12-month high of $507.82. The firm has a market capitalization of $70.35 billion, a price-to-earnings ratio of 45.70, a PEG ratio of 3.89 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. The company has a 50 day moving average price of $463.02 and a 200-day moving average price of $459.62.

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). 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, sell-side analysts predict that Motorola Solutions, Inc. will post 13.46 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on MSI shares. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted 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. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday. Finally, Barclays lowered their target price 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. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently 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.