Empower Advisory Group LLC Decreases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Empower Advisory Group LLC trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 699 shares of the communications equipment provider’s stock after selling 126 shares during the period. Empower Advisory Group LLC’s holdings in Motorola Solutions were worth $323,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Tradition Wealth Management LLC increased its position 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 valued at $294,000 after acquiring an additional 21 shares during the last quarter. Fidelis Capital Partners LLC increased its position 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 valued at $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC increased its position 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 valued at $527,000 after acquiring an additional 25 shares during the last quarter. Center for Financial Planning Inc. increased its position 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 valued at $2,337,000 after acquiring an additional 25 shares during the last quarter. Finally, Harbour Investments Inc. increased its position 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 valued at $578,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MSI has been the subject of a number of recent research reports. Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley raised their target price 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. Finally, Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $438.48 on Thursday. The stock has a market cap of $73.28 billion, a PE ratio of 47.56, a price-to-earnings-growth ratio of 3.22 and a beta of 1.02. Motorola Solutions, Inc. has a fifty-two week low of $318.20 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a fifty day moving average of $464.68 and a 200-day moving average of $459.64.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.46 earnings per share 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.