Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 346,135 shares of the communications equipment provider's stock after selling 2,678 shares during the period. Rhumbline Advisers owned 0.21% of Motorola Solutions worth $159,994,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MSI. Creative Planning grew its position in shares of Motorola Solutions by 9.4% in the third quarter. Creative Planning now owns 27,171 shares of the communications equipment provider's stock valued at $12,217,000 after purchasing an additional 2,324 shares in the last quarter. Good Life Advisors LLC grew its position in shares of Motorola Solutions by 17.1% in the third quarter. Good Life Advisors LLC now owns 1,240 shares of the communications equipment provider's stock valued at $558,000 after purchasing an additional 181 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of Motorola Solutions by 4.7% in the third quarter. Bleakley Financial Group LLC now owns 3,053 shares of the communications equipment provider's stock valued at $1,373,000 after purchasing an additional 138 shares in the last quarter. Marshall Financial Group LLC grew its position in shares of Motorola Solutions by 1.8% in the third quarter. Marshall Financial Group LLC now owns 2,724 shares of the communications equipment provider's stock valued at $1,225,000 after purchasing an additional 49 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in shares of Motorola Solutions in the third quarter valued at approximately $221,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSI has been the subject of a number of analyst reports. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Morgan Stanley increased their price objective 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. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions Trading Up 2.9 %

NYSE:MSI traded up $12.50 during trading hours on Wednesday, reaching $438.48. 1,397,609 shares of the stock were exchanged, compared to its average volume of 801,034. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The business has a 50-day moving average of $465.48 and a two-hundred day moving average of $459.79. Motorola Solutions, Inc. has a twelve month low of $318.20 and a twelve month high of $507.82. The company has a market capitalization of $73.28 billion, a price-to-earnings ratio of 47.56, a PEG ratio of 3.22 and a beta of 1.02.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.46 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.