Principal Securities Inc. Raises Position in Motorola Solutions, Inc. (NYSE:MSI)

Principal Securities Inc. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 142.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,698 shares of the communications equipment provider’s stock after buying an additional 2,175 shares during the period. Principal Securities Inc.’s holdings in Motorola Solutions were worth $1,709,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MSI. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the third quarter worth about $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the 3rd quarter worth about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 2.9 %

Shares of MSI opened at $425.27 on Wednesday. Motorola Solutions, Inc. has a fifty-two week low of $318.20 and a fifty-two week high of $507.82. The business has a 50-day moving average of $466.51 and a 200 day moving average of $459.69. The firm has a market cap of $71.07 billion, a P/E ratio of 46.58, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

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 return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. As a group, research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions 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.