Barclays Issues Pessimistic Forecast for Motorola Solutions (NYSE:MSI) Stock Price

Motorola Solutions (NYSE:MSI) had its price objective reduced by equities research analysts at Barclays from $529.00 to $527.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the communications equipment provider’s stock. Barclays‘s price target would indicate a potential upside of 20.50% from the company’s previous close.

MSI has been the subject of a number of other reports. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Bank of America boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Down 6.2 %

Motorola Solutions stock opened at $437.35 on Friday. The stock’s 50 day moving average price is $467.34 and its 200 day moving average price is $458.55. Motorola Solutions has a 1-year low of $318.20 and a 1-year high of $507.82. The company has a market cap of $73.09 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last issued its earnings results 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 company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, sell-side analysts predict that Motorola Solutions will post 12.57 EPS for the current fiscal year.

Institutional Trading of Motorola Solutions

Large investors have recently made changes to their positions in the stock. Cypress Advisory Group LLC purchased a new position in Motorola Solutions in the 4th quarter valued at about $1,560,000. Mercer Global Advisors Inc. ADV raised its position in shares of Motorola Solutions by 2.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,666 shares of the communications equipment provider’s stock valued at $16,948,000 after buying an additional 923 shares during the last quarter. Freestone Grove Partners LP purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $706,000. Comerica Bank boosted its position in Motorola Solutions by 50.1% during the fourth quarter. Comerica Bank now owns 47,918 shares of the communications equipment provider’s stock worth $22,149,000 after acquiring an additional 15,984 shares during the last quarter. Finally, Kapitalo Investimentos Ltda grew its stake in Motorola Solutions by 41.3% in the 4th quarter. Kapitalo Investimentos Ltda now owns 770 shares of the communications equipment provider’s stock worth $356,000 after acquiring an additional 225 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

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.