Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,536 shares of the communications equipment provider's stock after selling 1,754 shares during the quarter. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Motorola Solutions worth $40,924,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Tradition Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider's stock valued at $294,000 after buying an additional 21 shares in the last quarter. Fidelis Capital Partners LLC boosted its stake in Motorola Solutions by 1.0% in the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock valued at $1,038,000 after acquiring an additional 22 shares in the last quarter. Omnia Family Wealth LLC grew its holdings in Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider's stock worth $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. grew its holdings in Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock worth $578,000 after purchasing an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd increased its position in shares of Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock worth $1,343,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MSI. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday. Barclays lowered 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. 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 report on Friday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. 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 report 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, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Stock Performance

NYSE:MSI traded down $12.87 during trading hours on Tuesday, reaching $425.27. The company had a trading volume of 1,660,613 shares, compared to its average volume of 764,895. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 1-year low of $318.20 and a 1-year high of $507.82. The business's 50 day moving average price is $466.51 and its 200-day moving average price is $459.69. The firm has a market cap of $71.07 billion, a PE ratio of 46.58, a price-to-earnings-growth ratio of 3.54 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 for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3 billion. Research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

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.