Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 65.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,154 shares of the communications equipment provider’s stock after acquiring an additional 3,214 shares during the period. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Motorola Solutions were worth $3,769,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the 3rd quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions during the third quarter worth $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MSI. Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday. 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 shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Barclays decreased their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Down 6.2 %

Shares of NYSE:MSI opened at $437.35 on Tuesday. The company has a market capitalization of $73.09 billion, a PE ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52 week low of $318.20 and a 52 week high of $507.82. The company’s fifty day moving average is $467.34 and its 200-day moving average is $459.41. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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 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 14.65% and a return on equity of 251.96%. Equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

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.