ING Groep NV Purchases 5,232 Shares of Motorola Solutions, Inc. (NYSE:MSI)

ING Groep NV raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 13.5% in the fourth quarter, HoldingsChannel reports. The fund owned 43,945 shares of the communications equipment provider’s stock after acquiring an additional 5,232 shares during the period. ING Groep NV’s holdings in Motorola Solutions were worth $20,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Tradition Wealth Management LLC increased its holdings in shares of Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares in the last quarter. Fidelis Capital Partners LLC increased its holdings in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after buying an additional 22 shares in the last quarter. Omnia Family Wealth LLC increased its holdings in shares of Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after buying an additional 25 shares in the last quarter. Center for Financial Planning Inc. increased its holdings in shares of Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after buying an additional 25 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after buying an additional 26 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Raymond James increased 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. Deutsche Bank Aktiengesellschaft increased 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. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Performance

Shares of MSI opened at $434.53 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. 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. The firm’s fifty day simple moving average is $463.99 and its two-hundred day simple moving average is $459.47. Motorola Solutions, Inc. has a 12 month low of $321.99 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, analysts predict that Motorola Solutions, Inc. will post 13.46 EPS for the current 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.