Certuity LLC Purchases New Position in Motorola Solutions, Inc. (NYSE:MSI)

Certuity LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 625 shares of the communications equipment provider’s stock, valued at approximately $289,000.

Several other hedge funds have also recently made changes to their positions in MSI. World Investment Advisors LLC boosted its holdings in Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares during the last quarter. Versor Investments LP purchased a new stake in Motorola Solutions in the third quarter valued at $449,000. Groupama Asset Managment boosted its holdings in 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 last quarter. Los Angeles Capital Management LLC boosted its holdings in Motorola Solutions by 8.5% in the third 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 purchased a new stake in Motorola Solutions in the third quarter valued at $33,423,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 0.5 %

Shares of NYSE MSI opened at $464.80 on Friday. The company has a 50 day simple moving average of $468.99 and a 200-day simple moving average of $458.21. The company has a market capitalization of $77.68 billion, a P/E ratio of 50.91, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 1 year low of $316.34 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays raised their price target 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. Morgan Stanley raised their price target 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. Bank of America raised their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company 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.