Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 17.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,026 shares of the communications equipment provider’s stock after purchasing an additional 154 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Motorola Solutions were worth $474,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Tradition Wealth Management LLC lifted its position in Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after buying an additional 21 shares during the last quarter. Fidelis Capital Partners LLC lifted its position in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after purchasing an additional 22 shares in the last quarter. Omnia Family Wealth LLC lifted its position in shares of Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares in the last quarter. Harbour Investments Inc. lifted its position in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on MSI shares. StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Barclays increased their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley increased their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $464.80 on Friday. The firm has a market capitalization of $77.68 billion, a P/E ratio of 50.91, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52 week low of $316.34 and a 52 week high of $507.82. 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’s 50 day moving average is $468.99 and its two-hundred day moving average is $458.21.

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 the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Research analysts forecast 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.