Consolidated Planning Corp Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Consolidated Planning Corp raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.8% in the 4th quarter, HoldingsChannel reports. The fund owned 21,780 shares of the communications equipment provider’s stock after buying an additional 806 shares during the quarter. Motorola Solutions accounts for approximately 1.4% of Consolidated Planning Corp’s investment portfolio, making the stock its 19th biggest holding. Consolidated Planning Corp’s holdings in Motorola Solutions were worth $10,068,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the 4th quarter worth $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions during the third quarter worth about $31,000. Finally, Planning Capital Management Corp acquired 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.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $466.66 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a 50-day moving average price of $469.62 and a 200 day moving average price of $458.15. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a market cap of $77.99 billion, a P/E ratio of 51.11, a PEG ratio of 3.54 and a beta of 1.02.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MSI. Morgan Stanley raised their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective 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. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Finally, Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

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.