Los Angeles Capital Management LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Los Angeles Capital Management LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 16.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 476,564 shares of the communications equipment provider’s stock after buying an additional 67,143 shares during the period. Motorola Solutions makes up about 0.9% of Los Angeles Capital Management LLC’s portfolio, making the stock its 16th largest position. Los Angeles Capital Management LLC’s holdings in Motorola Solutions were worth $220,282,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions in the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions during the third quarter worth about $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the third quarter worth about $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on MSI. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Finally, Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Trading Down 0.3 %

Shares of MSI stock opened at $420.65 on Tuesday. The stock has a 50 day simple moving average of $462.09 and a 200-day simple moving average of $460.47. Motorola Solutions, Inc. has a 1-year low of $326.22 and a 1-year high of $507.82. The company has a market cap of $70.22 billion, a price-to-earnings ratio of 45.62, a PEG 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.

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

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.