Sanctuary Advisors LLC Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Sanctuary Advisors LLC boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 8.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 24,847 shares of the communications equipment provider’s stock after acquiring an additional 2,006 shares during the quarter. Sanctuary Advisors LLC’s holdings in Motorola Solutions were worth $11,743,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions in the fourth quarter worth about $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the third quarter worth about $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions in the third quarter worth about $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 2.9 %

Shares of MSI stock opened at $425.27 on Wednesday. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The firm’s 50 day moving average is $466.51 and its 200 day moving average is $459.69. The stock has a market capitalization of $71.07 billion, a P/E ratio of 46.58, a P/E/G ratio of 3.54 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its 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). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Research analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on MSI shares. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.