Center for Financial Planning Inc. Purchases 25 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Center for Financial Planning Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,055 shares of the communications equipment provider’s stock after buying an additional 25 shares during the quarter. Motorola Solutions comprises about 0.3% of Center for Financial Planning Inc.’s holdings, making the stock its 27th largest position. Center for Financial Planning Inc.’s holdings in Motorola Solutions were worth $2,337,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in MSI. Creative Planning raised its stake in shares of Motorola Solutions by 9.4% during the 3rd quarter. Creative Planning now owns 27,171 shares of the communications equipment provider’s stock valued at $12,217,000 after purchasing an additional 2,324 shares during the period. Good Life Advisors LLC raised its stake in shares of Motorola Solutions by 17.1% during the 3rd quarter. Good Life Advisors LLC now owns 1,240 shares of the communications equipment provider’s stock valued at $558,000 after purchasing an additional 181 shares during the period. Bleakley Financial Group LLC raised its stake in shares of Motorola Solutions by 4.7% during the 3rd quarter. Bleakley Financial Group LLC now owns 3,053 shares of the communications equipment provider’s stock valued at $1,373,000 after purchasing an additional 138 shares during the period. Marshall Financial Group LLC raised its stake in shares of Motorola Solutions by 1.8% during the 3rd quarter. Marshall Financial Group LLC now owns 2,724 shares of the communications equipment provider’s stock valued at $1,225,000 after purchasing an additional 49 shares during the period. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $221,000. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday. Barclays decreased their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday. Bank of America upped their target price 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 upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

MSI opened at $437.35 on Friday. The stock has a 50-day moving average price of $468.39 and a 200-day moving average price of $458.26. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a market capitalization of $73.09 billion, a P/E ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions 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.