Vontobel Holding Ltd. grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 49.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,059 shares of the communications equipment provider's stock after purchasing an additional 2,015 shares during the period. Vontobel Holding Ltd.'s holdings in Motorola Solutions were worth $2,801,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions in the fourth quarter worth $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions in the third quarter worth $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the third quarter worth $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several brokerages have recently commented on MSI. Raymond James upped their price objective 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. Morgan Stanley upped their price objective 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. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Finally, Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.
Check Out Our Latest Stock Report on Motorola Solutions
Motorola Solutions Price Performance
MSI traded down $4.55 during trading on Thursday, hitting $434.53. 988,399 shares of the company traded hands, compared to its average volume of 806,711. The company has a market cap of $72.54 billion, a PE ratio of 47.13, a P/E/G ratio of 3.41 and a beta of 1.02. The stock's 50-day simple moving average is $464.68 and its two-hundred day simple moving average is $459.64. Motorola Solutions, Inc. has a 1 year low of $321.99 and a 1 year high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.
Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3 billion. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.46 earnings per share for the current fiscal year.
About Motorola Solutions
(
Free Report)
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.
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