Bradley Foster & Sargent Inc. CT Cuts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Bradley Foster & Sargent Inc. CT trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 602 shares of the communications equipment provider’s stock after selling 31 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Motorola Solutions were worth $278,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Arcadia Investment Management Corp MI purchased a new position in shares of Motorola Solutions in the 4th quarter worth $116,000. Aspen Investment Management Inc boosted its stake in shares of Motorola Solutions by 22.1% in the 4th quarter. Aspen Investment Management Inc now owns 690 shares of the communications equipment provider’s stock worth $319,000 after buying an additional 125 shares during the last quarter. ING Groep NV boosted its stake in shares of Motorola Solutions by 13.5% in the 4th quarter. ING Groep NV now owns 43,945 shares of the communications equipment provider’s stock worth $20,313,000 after buying an additional 5,232 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Motorola Solutions by 63.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 6,809 shares of the communications equipment provider’s stock worth $3,147,000 after buying an additional 2,650 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its position in Motorola Solutions by 7.0% in the fourth quarter. Handelsbanken Fonder AB now owns 103,140 shares of the communications equipment provider’s stock worth $47,674,000 after acquiring an additional 6,718 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 3.0 %

MSI opened at $421.38 on Monday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a fifty-two week low of $325.78 and a fifty-two week high of $507.82. The firm’s fifty day moving average is $463.02 and its 200 day moving average is $460.41. The stock has a market cap of $70.34 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results 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 company 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%. On average, sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MSI. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Raymond James lifted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their price target 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. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.