Catalyst Capital Advisors LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 3.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,205 shares of the communications equipment provider’s stock after selling 396 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Motorola Solutions were worth $5,179,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the 3rd quarter worth approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions during the 3rd quarter worth approximately $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Trading Down 6.2 %
Shares of Motorola Solutions stock opened at $437.35 on Monday. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The business’s 50 day moving average is $467.34 and its 200-day moving average is $458.99. 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 stock has a market cap of $73.09 billion, a P/E ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on MSI shares. Deutsche Bank Aktiengesellschaft upped 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. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Motorola Solutions Company 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.
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