Summit Place Financial Advisors LLC Lowers Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Summit Place Financial Advisors LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,598 shares of the communications equipment provider’s stock after selling 455 shares during the quarter. Motorola Solutions accounts for about 2.3% of Summit Place Financial Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Summit Place Financial Advisors LLC’s holdings in Motorola Solutions were worth $3,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Finally, Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 2.9 %

Shares of NYSE:MSI opened at $425.27 on Wednesday. The firm has a market cap of $71.07 billion, a P/E ratio of 46.13, a P/E/G ratio of 3.22 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The business has a fifty day simple moving average of $465.48 and a 200 day simple moving average of $459.79.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Analysts predict that Motorola Solutions, Inc. will post 13.46 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.