TCW Group Inc. Decreases Stake in Motorola Solutions, Inc. (NYSE:MSI)

TCW Group Inc. cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,595 shares of the communications equipment provider’s stock after selling 4,878 shares during the quarter. TCW Group Inc. owned 0.06% of Motorola Solutions worth $44,187,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MSI. Values First Advisors Inc. purchased a new stake in shares of Motorola Solutions in the third quarter valued at approximately $74,000. Dakota Wealth Management boosted its position in Motorola Solutions by 21.3% during the third quarter. Dakota Wealth Management now owns 2,815 shares of the communications equipment provider’s stock worth $1,266,000 after purchasing an additional 495 shares in the last quarter. Ballentine Partners LLC boosted its position in Motorola Solutions by 4.0% during the third quarter. Ballentine Partners LLC now owns 2,911 shares of the communications equipment provider’s stock worth $1,309,000 after purchasing an additional 112 shares in the last quarter. Trueblood Wealth Management LLC boosted its position in Motorola Solutions by 10.7% during the third quarter. Trueblood Wealth Management LLC now owns 1,823 shares of the communications equipment provider’s stock worth $820,000 after purchasing an additional 176 shares in the last quarter. Finally, Elwood & Goetz Wealth Advisory Group LLC purchased a new stake in Motorola Solutions during the third quarter worth $242,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MSI shares. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Raymond James boosted their target price on 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 Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays decreased their target price on 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 upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to 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 3.0 %

Shares of NYSE:MSI opened at $421.38 on Friday. 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 52-week low of $325.78 and a 52-week high of $507.82. The stock’s fifty day simple moving average is $463.02 and its 200-day simple moving average is $460.01. The company has a market capitalization of $70.34 billion, a P/E ratio of 45.70, a P/E/G ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business 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%. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

About Motorola Solutions

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.