Kessler Investment Group LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,932 shares of the communications equipment provider’s stock after selling 781 shares during the quarter. Motorola Solutions makes up 3.3% of Kessler Investment Group LLC’s investment portfolio, making the stock its 11th largest holding. Kessler Investment Group LLC’s holdings in Motorola Solutions were worth $6,902,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $26,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions in the 3rd quarter worth about $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on MSI shares. Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. 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 report on Wednesday, October 23rd. Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.
Motorola Solutions Stock Down 6.2 %
MSI stock opened at $437.35 on Friday. 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 firm has a market capitalization of $73.09 billion, a PE ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $318.20 and a twelve month high of $507.82. The stock has a 50-day simple moving average of $468.39 and a two-hundred day simple moving average of $458.26.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) 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%. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal 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.
Recommended Stories
- Five stocks we like better than Motorola Solutions
- Are Penny Stocks a Good Fit for Your Portfolio?
- MarketBeat Week in Review – 02/10 – 02/14
- What is a Stock Market Index and How Do You Use Them?
- 3 Consumer Staples ETFs for Stability in a Volatile Market
- Which Wall Street Analysts are the Most Accurate?
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.