Blue Trust Inc. Has $1.17 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Blue Trust Inc. decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 41.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,525 shares of the communications equipment provider’s stock after selling 1,795 shares during the period. Blue Trust Inc.’s holdings in Motorola Solutions were worth $1,167,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. State Street Corp grew its stake in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after purchasing an additional 198,183 shares during the period. Geode Capital Management LLC grew its position in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after buying an additional 89,320 shares during the period. Swedbank AB increased its stake in shares of Motorola Solutions by 0.3% in the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after acquiring an additional 3,040 shares during the last quarter. International Assets Investment Management LLC raised its position 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 acquiring an additional 965,972 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Motorola Solutions by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after acquiring an additional 8,651 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Down 6.2 %

NYSE:MSI opened at $437.35 on Friday. The company has a market cap of $73.09 billion, a PE ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. The stock has a 50-day simple moving average of $467.34 and a 200 day simple moving average of $458.55. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 52-week low of $318.20 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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 net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS 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.