Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 54,090.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,961 shares of the communications equipment provider's stock after purchasing an additional 5,950 shares during the period. Pittenger & Anderson Inc.'s holdings in Motorola Solutions were worth $2,755,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions during the 3rd quarter worth approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

MSI has been the topic of a number of analyst reports. Bank of America lifted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Finally, StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and an average target price of $505.88.

Motorola Solutions Trading Down 1.0 %

Motorola Solutions stock traded down $4.55 during trading hours on Thursday, hitting $434.53. The company had a trading volume of 988,400 shares, compared to its average volume of 806,712. The firm has a market cap of $72.54 billion, a P/E ratio of 47.13, a P/E/G ratio of 3.41 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1 year low of $321.99 and a 1 year high of $507.82. The company has a 50-day moving average price of $464.68 and a two-hundred day moving average price of $459.64.

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

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.