MGB Wealth Management LLC Acquires 115 Shares of Motorola Solutions, Inc. (NYSE:MSI)

MGB Wealth Management LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,210 shares of the communications equipment provider’s stock after purchasing an additional 115 shares during the period. MGB Wealth Management LLC’s holdings in Motorola Solutions were worth $1,023,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. World Investment Advisors LLC lifted its position in Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares during the last quarter. Versor Investments LP purchased a new position in shares of Motorola Solutions in the third quarter worth $449,000. Groupama Asset Managment raised its holdings in Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after buying an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after buying an additional 32,157 shares during the period. Finally, Oddo BHF Asset Management Sas bought a new stake in Motorola Solutions in the 3rd quarter worth $33,423,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI stock opened at $466.66 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock has a market cap of $77.99 billion, a price-to-earnings ratio of 51.11, a PEG ratio of 3.54 and a beta of 1.02. The business’s fifty day moving average is $469.62 and its 200 day moving average is $458.15. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on MSI shares. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $504.88.

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.