MGB Wealth Management LLC Buys 115 Shares of Motorola Solutions, Inc. (NYSE:MSI)

MGB Wealth Management LLC raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,210 shares of the communications equipment provider’s stock after buying an additional 115 shares during the quarter. MGB Wealth Management LLC’s holdings in Motorola Solutions were worth $1,023,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions in the fourth quarter worth about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the third quarter valued at approximately $32,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

NYSE MSI opened at $466.66 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The firm has a market capitalization of $77.99 billion, a P/E ratio of 51.11, a PEG ratio of 3.54 and a beta of 1.02. The company has a 50-day moving average price of $469.62 and a 200-day moving average price of $458.15. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price objective 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 boosted 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. Finally, 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 report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target 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.