Motorola Solutions, Inc. (NYSE:MSI) Stock Position Decreased by Legato Capital Management LLC

Legato Capital Management LLC decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 41.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,344 shares of the communications equipment provider’s stock after selling 2,393 shares during the quarter. Legato Capital Management LLC’s holdings in Motorola Solutions were worth $1,546,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after purchasing an additional 89,320 shares in the last quarter. Swedbank AB lifted its stake in shares of Motorola Solutions by 0.3% in the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after purchasing an additional 3,040 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after buying an additional 8,651 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 1.7 %

MSI opened at $466.66 on Thursday. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The business has a 50 day moving average of $469.62 and a 200-day moving average of $458.15. The stock has a market capitalization of $77.99 billion, a price-to-earnings ratio of 51.11, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Wall Street Analyst Weigh In

MSI has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Bank of America boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays increased their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Morgan Stanley raised their target price 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. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

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.