NEOS Investment Management LLC Raises Position in Motorola Solutions, Inc. $MSI

NEOS Investment Management LLC grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 59.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,494 shares of the communications equipment provider’s stock after buying an additional 5,378 shares during the quarter. NEOS Investment Management LLC’s holdings in Motorola Solutions were worth $6,628,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MSI. Orion Capital Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth $25,000. United Community Bank increased its holdings in Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares in the last quarter. Whipplewood Advisors LLC raised its position in Motorola Solutions by 289.5% in the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 55 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in Motorola Solutions during the 3rd quarter valued at about $33,000. Finally, Field & Main Bank purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $35,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $451.28 on Thursday. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. The firm’s fifty day moving average is $397.20 and its 200 day moving average is $421.66. The company has a market cap of $74.76 billion, a price-to-earnings ratio of 35.37, a PEG ratio of 3.43 and a beta of 1.00.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the previous year, the firm posted $4.04 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MSI. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target for the company in a research note on Monday, December 1st. Morgan Stanley reissued an “overweight” rating and set a $470.00 price objective on shares of Motorola Solutions in a research report on Thursday, February 12th. JPMorgan Chase & Co. raised their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Argus raised Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Finally, Weiss Ratings cut shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $497.14.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.