Wealth Alliance Decreases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Wealth Alliance trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 35.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,298 shares of the communications equipment provider’s stock after selling 1,269 shares during the period. Wealth Alliance’s holdings in Motorola Solutions were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. World Investment Advisors LLC raised its holdings in shares of Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares in the last quarter. Versor Investments LP bought a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $449,000. Groupama Asset Managment increased its position in shares of Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC increased its position in shares of Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after purchasing an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $33,423,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 1.0 %

Shares of NYSE MSI opened at $434.53 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a market capitalization of $72.54 billion, a P/E ratio of 47.13, a price-to-earnings-growth ratio of 3.41 and a beta of 1.02. Motorola Solutions, Inc. has a 1-year low of $321.99 and a 1-year high of $507.82. The business has a fifty day moving average price of $463.99 and a 200 day moving average price of $459.47.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities research analysts expect that Motorola Solutions, Inc. will post 13.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSI. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Barclays dropped their price target 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. Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average 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.