Motorola Solutions, Inc. (NYSE:MSI) Given Average Recommendation of “Buy” by Brokerages

Motorola Solutions, Inc. (NYSE:MSI) has been assigned an average rating of “Buy” from the eight ratings firms that are presently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $506.29.

MSI has been the subject of several research reports. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday. Bank of America increased their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Jefferies Financial Group boosted their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Finally, Barclays upped their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th.

Institutional Trading of Motorola Solutions

Several large investors have recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC lifted its stake in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the period. LRI Investments LLC boosted its holdings in Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in Motorola Solutions during the second quarter worth $29,000. Finally, FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the third quarter valued at $29,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.9 %

Shares of NYSE:MSI opened at $501.03 on Thursday. The company has a market cap of $83.73 billion, a price-to-earnings ratio of 54.88, a PEG ratio of 3.88 and a beta of 0.97. Motorola Solutions has a 12 month low of $307.09 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 company has a 50-day moving average price of $469.15 and a 200 day moving average price of $422.68.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities research analysts predict that Motorola Solutions will post 12.48 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 42.94%.

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.