Concurrent Investment Advisors LLC Has $3.15 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Concurrent Investment Advisors LLC grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 63.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,809 shares of the communications equipment provider’s stock after buying an additional 2,650 shares during the period. Concurrent Investment Advisors LLC’s holdings in Motorola Solutions were worth $3,147,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in MSI. International Assets Investment Management LLC grew its stake in shares of Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after purchasing an additional 965,972 shares during the period. Mizuho Securities USA LLC lifted its position in shares of Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after buying an additional 572,040 shares during the period. Assenagon Asset Management S.A. boosted its stake in Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after buying an additional 257,727 shares in the last quarter. State Street Corp grew its position in Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares during the period. Finally, Barclays PLC raised its stake in Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after acquiring an additional 165,353 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Down 1.0 %

Shares of NYSE MSI opened at $434.53 on Friday. The firm’s 50-day simple moving average is $463.99 and its 200 day simple moving average is $459.47. The company has a market cap of $72.54 billion, a price-to-earnings ratio of 47.13, a price-to-earnings-growth ratio of 3.41 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, research analysts expect that Motorola Solutions, Inc. will post 13.46 earnings per share for the current fiscal 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.