Unionview LLC Acquires Shares of 438 Motorola Solutions, Inc. (NYSE:MSI)

Unionview LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 438 shares of the communications equipment provider’s stock, valued at approximately $202,000.

Several other hedge funds also recently added to or reduced their stakes in MSI. Sequoia Financial Advisors LLC raised its position in Motorola Solutions by 48.9% in the third 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 period. Eastern Bank boosted its holdings in Motorola Solutions by 54.4% in the third quarter. Eastern Bank now owns 1,496 shares of the communications equipment provider’s stock valued at $673,000 after purchasing an additional 527 shares during the last quarter. Symphony Financial Ltd. Co. acquired a new stake in Motorola Solutions during the 3rd quarter valued at approximately $201,000. Accordant Advisory Group Inc increased its holdings in Motorola Solutions by 52.5% during the 3rd quarter. Accordant Advisory Group Inc now owns 122 shares of the communications equipment provider’s stock worth $55,000 after purchasing an additional 42 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC increased its holdings 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 purchasing an additional 52 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Raymond James raised their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Up 2.9 %

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 business’s 50 day moving average is $464.68 and its two-hundred day moving average is $459.64. Motorola Solutions, Inc. has a 52 week low of $318.20 and a 52 week high of $507.82. The company has a market cap of $73.28 billion, a PE ratio of 47.56, a P/E/G ratio of 3.22 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its 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 the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, analysts predict that Motorola Solutions, Inc. will post 13.46 EPS for the current 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.