Kestra Investment Management LLC Boosts Stake in Motorola Solutions, Inc. (NYSE:MSI)

Kestra Investment Management LLC boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 36.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,953 shares of the communications equipment provider’s stock after buying an additional 1,058 shares during the period. Kestra Investment Management LLC’s holdings in Motorola Solutions were worth $1,827,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors LLC grew its holdings in shares of Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after buying an additional 35,071 shares during the last quarter. Versor Investments LP purchased a new position in shares of Motorola Solutions in the 3rd quarter valued at approximately $449,000. Groupama Asset Managment increased its holdings in shares of Motorola Solutions by 8.6% in the third 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 period. Los Angeles Capital Management LLC raised its stake in shares of Motorola Solutions by 8.5% during the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after purchasing an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $33,423,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $437.35 on Tuesday. The stock’s 50 day moving average is $467.34 and its two-hundred day moving average is $459.41. Motorola Solutions, Inc. has a 52-week low of $318.20 and a 52-week high of $507.82. The company has a market capitalization of $73.09 billion, a PE ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last posted 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). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday. Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted 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. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.