Center for Financial Planning Inc. Raises Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Center for Financial Planning Inc. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.5% in the 4th quarter, HoldingsChannel reports. The fund owned 5,055 shares of the communications equipment provider’s stock after buying an additional 25 shares during the quarter. Motorola Solutions accounts for 0.3% of Center for Financial Planning Inc.’s portfolio, making the stock its 27th biggest position. Center for Financial Planning Inc.’s holdings in Motorola Solutions were worth $2,337,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. World Investment Advisors LLC raised 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 purchasing an additional 35,071 shares during the last quarter. Versor Investments LP bought a new position in Motorola Solutions during the 3rd quarter valued at approximately $449,000. Groupama Asset Managment raised its position in Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC raised its position in Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after purchasing an additional 32,157 shares during the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in Motorola Solutions during the 3rd quarter valued at approximately $33,423,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 6.2 %

MSI stock opened at $437.35 on Friday. Motorola Solutions, Inc. has a twelve month low of $318.20 and a twelve month 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 has a market cap of $73.09 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The business has a 50 day moving average of $468.39 and a 200 day moving average of $458.26.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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%. On average, research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on MSI shares. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their target price 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, Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. 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.com, the stock presently has an average rating of “Moderate Buy” and an average price target 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.