Motorola Solutions, Inc. (NYSE:MSI) Holdings Lowered by SNS Financial Group LLC

SNS Financial Group LLC cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,758 shares of the communications equipment provider’s stock after selling 264 shares during the period. SNS Financial Group LLC’s holdings in Motorola Solutions were worth $1,741,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Sequoia Financial Advisors LLC raised its position in Motorola Solutions by 48.9% in the third quarter. Sequoia Financial Advisors LLC now owns 5,906 shares of the communications equipment provider’s stock worth $2,655,000 after acquiring an additional 1,939 shares in the last quarter. Eastern Bank boosted its position in shares of Motorola Solutions by 54.4% during the 3rd quarter. Eastern Bank now owns 1,496 shares of the communications equipment provider’s stock valued at $673,000 after purchasing an additional 527 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $201,000. Accordant Advisory Group Inc lifted its stake in Motorola Solutions by 52.5% during the third quarter. Accordant Advisory Group Inc now owns 122 shares of the communications equipment provider’s stock valued at $55,000 after purchasing an additional 42 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its holdings in shares of Motorola Solutions by 2.3% during the third quarter. Meadow Creek Wealth Advisors LLC now owns 2,306 shares of the communications equipment provider’s stock valued at $1,037,000 after purchasing an additional 52 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI opened at $438.48 on Thursday. The stock has a fifty day moving average price of $464.68 and a 200 day moving average price of $459.64. 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, Inc. has a 1 year low of $318.20 and a 1 year high of $507.82. The stock has a market cap 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) last announced its quarterly earnings results 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 firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts forecast that Motorola Solutions, Inc. will post 13.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MSI. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday. 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, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

About Motorola Solutions

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.