World Equity Group Inc. Invests $323,000 in Motorola Solutions, Inc. (NYSE:MSI)

World Equity Group Inc. purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 698 shares of the communications equipment provider’s stock, valued at approximately $323,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MONECO Advisors LLC grew its stake in shares of Motorola Solutions by 3.9% during the 4th quarter. MONECO Advisors LLC now owns 912 shares of the communications equipment provider’s stock worth $421,000 after acquiring an additional 34 shares during the period. Howard Capital Management Inc. lifted its holdings in Motorola Solutions by 6.1% during the 4th quarter. Howard Capital Management Inc. now owns 1,054 shares of the communications equipment provider’s stock worth $487,000 after purchasing an additional 61 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in Motorola Solutions by 21.4% during the 4th quarter. Wealthspire Advisors LLC now owns 1,005 shares of the communications equipment provider’s stock worth $464,000 after purchasing an additional 177 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in Motorola Solutions by 102.5% during the 4th quarter. First Horizon Advisors Inc. now owns 806 shares of the communications equipment provider’s stock worth $373,000 after purchasing an additional 408 shares in the last quarter. Finally, Redmond Asset Management LLC purchased a new stake in Motorola Solutions during the 4th quarter worth about $2,968,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

NYSE:MSI opened at $420.65 on Tuesday. The business’s 50-day moving average price is $462.09 and its two-hundred day moving average price is $460.47. Motorola Solutions, Inc. has a twelve month low of $326.22 and a twelve month high of $507.82. The stock has a market cap of $70.22 billion, a P/E ratio of 45.62, a PEG ratio of 3.82 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate 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 net margin of 14.58% and a return on equity of 197.59%. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.