Marks Group Wealth Management Inc Trims Stake in Motorola Solutions, Inc. (NYSE:MSI)

Marks Group Wealth Management Inc lowered its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 958 shares of the communications equipment provider’s stock after selling 23 shares during the period. Marks Group Wealth Management Inc’s holdings in Motorola Solutions were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of MSI. State Street Corp lifted its stake in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the last quarter. Geode Capital Management LLC grew its position in Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after acquiring an additional 89,320 shares during the last quarter. Swedbank AB increased its stake in Motorola Solutions by 0.3% in the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock worth $474,708,000 after purchasing an additional 3,040 shares during the period. International Assets Investment Management LLC lifted its position in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock valued at $404,744,000 after purchasing an additional 8,651 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised 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 lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Morgan Stanley boosted their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America increased their price objective 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, Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $466.66 on Thursday. The firm has a 50 day moving average of $469.62 and a 200 day moving average of $458.15. 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 market capitalization of $77.99 billion, a price-to-earnings ratio of 51.11, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82.

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.