Stonebridge Financial Group LLC Invests $111,000 in Motorola Solutions, Inc. (NYSE:MSI)

Stonebridge Financial Group LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 240 shares of the communications equipment provider’s stock, valued at approximately $111,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Planning increased its holdings in shares of Motorola Solutions by 9.4% in the 3rd quarter. Creative Planning now owns 27,171 shares of the communications equipment provider’s stock valued at $12,217,000 after acquiring an additional 2,324 shares during the last quarter. Kapitalo Investimentos Ltda acquired a new position in Motorola Solutions in the third quarter worth $245,000. nVerses Capital LLC increased its stake in Motorola Solutions by 23.8% during the third quarter. nVerses Capital LLC now owns 2,600 shares of the communications equipment provider’s stock valued at $1,169,000 after purchasing an additional 500 shares during the last quarter. Good Life Advisors LLC raised its holdings in shares of Motorola Solutions by 17.1% during the third quarter. Good Life Advisors LLC now owns 1,240 shares of the communications equipment provider’s stock worth $558,000 after purchasing an additional 181 shares during the period. Finally, Bleakley Financial Group LLC lifted its position in shares of Motorola Solutions by 4.7% in the 3rd quarter. Bleakley Financial Group LLC now owns 3,053 shares of the communications equipment provider’s stock worth $1,373,000 after buying an additional 138 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MSI shares. Barclays boosted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. 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 report on Tuesday, November 26th. StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Down 1.7 %

MSI opened at $466.66 on Thursday. The stock’s 50 day moving average price is $469.62 and its 200 day moving average price is $458.15. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock has a market cap of $77.99 billion, a P/E ratio of 51.11, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82.

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.