Rhumbline Advisers Lowers Stake in Motorola Solutions, Inc. (NYSE:MSI)

Rhumbline Advisers reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 346,135 shares of the communications equipment provider’s stock after selling 2,678 shares during the period. Rhumbline Advisers’ holdings in Motorola Solutions were worth $159,994,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the 3rd quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the 3rd quarter valued at about $31,000. Finally, Planning Capital Management Corp purchased a new position in Motorola Solutions during the 3rd quarter valued at about $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $437.35 on Friday. The company has a 50 day moving average price of $468.39 and a 200-day moving average price of $458.26. Motorola Solutions, Inc. has a 52 week low of $318.20 and a 52 week high of $507.82. The firm has a market capitalization of $73.09 billion, a PE ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Analysts Set New Price Targets

MSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday. Bank of America lifted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Raymond James lifted their target price 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. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.