World Equity Group Inc. Purchases Shares of 698 Motorola Solutions, Inc. (NYSE:MSI)

World Equity Group Inc. bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 698 shares of the communications equipment provider’s stock, valued at approximately $323,000.

Other institutional investors also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions during the third quarter worth approximately $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 0.3 %

Shares of NYSE:MSI opened at $420.65 on Tuesday. The company has a market capitalization of $70.22 billion, a PE ratio of 45.62, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The business has a fifty day moving average price of $462.09 and a two-hundred day moving average price of $460.47. Motorola Solutions, Inc. has a 1 year low of $326.22 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MSI. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. 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 report on Friday, February 14th. 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 report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have given 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 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.