Good Life Advisors LLC Sells 131 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Good Life Advisors LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,109 shares of the communications equipment provider’s stock after selling 131 shares during the period. Good Life Advisors LLC’s holdings in Motorola Solutions were worth $513,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. World Investment Advisors LLC increased its position in Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after buying an additional 35,071 shares in the last quarter. Versor Investments LP purchased a new stake in shares of Motorola Solutions in the third quarter worth $449,000. Groupama Asset Managment increased its holdings in shares of Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC raised its position in shares of Motorola Solutions by 8.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after purchasing an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new position in shares of Motorola Solutions in the 3rd quarter worth about $33,423,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. 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. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Down 1.0 %

NYSE:MSI opened at $434.53 on Friday. Motorola Solutions, Inc. has a one year low of $321.99 and a one year high of $507.82. The business has a fifty day moving average price of $463.99 and a 200-day moving average price of $459.47. The firm has a market capitalization of $72.54 billion, a price-to-earnings ratio of 47.13, a price-to-earnings-growth ratio of 3.41 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS 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 the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.46 EPS for the current year.

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.