Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.3% in the 4th quarter, Holdings Channel reports. The fund owned 9,000 shares of the communications equipment provider’s stock after selling 400 shares during the period. Louisiana State Employees Retirement System’s holdings in Motorola Solutions were worth $4,160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions during the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the third quarter worth $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 1.7 %

Shares of Motorola Solutions stock opened at $466.66 on Thursday. The stock has a market capitalization of $77.99 billion, a price-to-earnings ratio of 51.11, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve 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 business’s 50 day simple moving average is $469.62 and its 200-day simple moving average is $458.15.

Analyst Upgrades and Downgrades

A number of research firms have commented on MSI. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Bank of America increased 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. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $504.88.

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.