MONECO Advisors LLC Grows Stake in Motorola Solutions, Inc. (NYSE:MSI)

MONECO Advisors LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.9% in the fourth quarter, Holdings Channel reports. The firm owned 912 shares of the communications equipment provider’s stock after buying an additional 34 shares during the period. MONECO Advisors LLC’s holdings in Motorola Solutions were worth $421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Tradition Wealth Management LLC increased its stake in shares of Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares in the last quarter. Fidelis Capital Partners LLC boosted its position in Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC boosted its position in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after acquiring an additional 25 shares during the last quarter. Center for Financial Planning Inc. boosted its position in Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after acquiring an additional 25 shares during the last quarter. Finally, Harbour Investments Inc. boosted its position in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after acquiring an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MSI shares. Raymond James boosted their price target 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Barclays lowered their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price 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. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Performance

NYSE:MSI opened at $420.65 on Tuesday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market capitalization of $70.22 billion, a price-to-earnings ratio of 45.62, a PEG ratio of 3.82 and a beta of 1.02. The company’s 50-day moving average is $462.09 and its two-hundred day moving average is $460.47. Motorola Solutions, Inc. has a 1-year low of $326.22 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) 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). The firm had revenue of $3.01 billion during 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 13.55 EPS 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.