Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Cumberland Partners Ltd

Cumberland Partners Ltd decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 16.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,235 shares of the communications equipment provider’s stock after selling 3,710 shares during the period. Cumberland Partners Ltd’s holdings in Motorola Solutions were worth $8,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its stake in shares of Motorola Solutions by 48.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 5,906 shares of the communications equipment provider’s stock valued at $2,655,000 after purchasing an additional 1,939 shares during the last quarter. Eastern Bank lifted its holdings in shares of Motorola Solutions by 54.4% during the third quarter. Eastern Bank now owns 1,496 shares of the communications equipment provider’s stock worth $673,000 after purchasing an additional 527 shares during the period. Symphony Financial Ltd. Co. purchased a new position in Motorola Solutions in the 3rd quarter valued at $201,000. Accordant Advisory Group Inc increased its stake in Motorola Solutions by 52.5% in the 3rd quarter. Accordant Advisory Group Inc now owns 122 shares of the communications equipment provider’s stock valued at $55,000 after buying an additional 42 shares during the period. Finally, Meadow Creek Wealth Advisors LLC raised its position in Motorola Solutions by 2.3% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 2,306 shares of the communications equipment provider’s stock worth $1,037,000 after buying an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Bank of America lifted 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. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $438.48 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock has a market cap of $73.28 billion, a price-to-earnings ratio of 47.56, a price-to-earnings-growth ratio of 3.22 and a beta of 1.02. Motorola Solutions, Inc. has a fifty-two week low of $318.20 and a fifty-two week high of $507.82. The business has a fifty day moving average of $464.68 and a 200-day moving average of $459.64.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, analysts predict that Motorola Solutions, Inc. will post 13.46 earnings per share for the current fiscal 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.