Handelsbanken Fonder AB Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Handelsbanken Fonder AB boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,140 shares of the communications equipment provider’s stock after purchasing an additional 6,718 shares during the period. Handelsbanken Fonder AB owned about 0.06% of Motorola Solutions worth $47,674,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synergy Asset Management LLC bought a new position in Motorola Solutions in the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions during the third quarter worth $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 2.9 %

NYSE MSI opened at $438.48 on Thursday. The firm has a market capitalization 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. The company has a 50-day simple moving average of $464.68 and a 200-day simple moving average of $459.64. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a one year low of $318.20 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.46 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Barclays cut 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 boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Raymond James upped 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. 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. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.