Motorola Solutions, Inc. (NYSE:MSI) Receives $505.88 Average Price Target from Brokerages

Motorola Solutions, Inc. (NYSE:MSI) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $505.88.

MSI has been the subject of several research reports. Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Morgan Stanley upped 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 raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $114,812,000. Ascent Group LLC lifted its holdings in Motorola Solutions by 9.1% in the 4th quarter. Ascent Group LLC now owns 1,625 shares of the communications equipment provider’s stock worth $751,000 after buying an additional 136 shares during the period. Mackenzie Financial Corp grew its position in shares of Motorola Solutions by 1.9% in the 4th quarter. Mackenzie Financial Corp now owns 1,012,266 shares of the communications equipment provider’s stock worth $467,900,000 after buying an additional 18,473 shares during the last quarter. GF Fund Management CO. LTD. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $126,000. Finally, Parr Mcknight Wealth Management Group LLC bought a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $2,730,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $418.07 on Friday. Motorola Solutions has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company has a market cap of $69.79 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The stock has a 50-day moving average price of $450.02 and a 200-day moving average price of $460.04.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, equities analysts forecast that Motorola Solutions will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions’s payout ratio is 47.29%.

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.