Legacy Solutions LLC Buys New Stake in Motorola Solutions, Inc. (NYSE:MSI)

Legacy Solutions LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 881 shares of the communications equipment provider's stock, valued at approximately $407,000.

A number of other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider's stock valued at $435,064,000 after buying an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC raised its position in 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 valued at $262,989,000 after acquiring an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Motorola Solutions by 477.9% in the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider's stock valued at $140,131,000 after acquiring an additional 257,727 shares during the period. State Street Corp boosted its position in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock worth $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider's stock worth $325,455,000 after purchasing an additional 165,353 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 3.0 %

MSI stock traded down $13.13 during mid-day trading on Friday, hitting $421.38. 896,273 shares of the company were exchanged, compared to its average volume of 804,464. The business has a fifty day simple moving average of $463.99 and a 200-day simple moving average of $459.47. The firm has a market capitalization of $70.35 billion, a P/E ratio of 45.70, a PEG ratio of 3.89 and a beta of 1.02. Motorola Solutions, Inc. has a 12-month low of $325.78 and a 12-month high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced 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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MSI. Barclays lowered 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. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday. 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. Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Finally, Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.