Motorola Solutions, Inc. (NYSE:MSI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Motorola Solutions, Inc. (NYSE:MSI) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $374.57.

Several research analysts recently weighed in on the stock. Bank of America upped their price objective on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. Finally, Barclays upped their target price on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd.

Motorola Solutions Trading Down 0.1 %

Shares of MSI opened at $398.58 on Friday. The business’s 50-day moving average price is $383.18 and its 200-day moving average price is $355.14. Motorola Solutions has a twelve month low of $269.64 and a twelve month high of $403.53. The stock has a market cap of $66.48 billion, a PE ratio of 49.27, a P/E/G ratio of 3.46 and a beta of 0.94. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.29. The company had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. On average, equities analysts forecast that Motorola Solutions will post 12.07 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 14th were paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Insider Activity

In other news, SVP Rajan Naik sold 5,274 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares of the company’s stock, valued at $3,341,487.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the completion of the sale, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at $403,625.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the sale, the senior vice president now directly owns 8,939 shares of the company’s stock, valued at approximately $3,341,487.59. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,389 shares of company stock valued at $3,446,461. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of Motorola Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Beacon Capital Management LLC lifted its stake in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 28 shares during the period. Pinnacle Associates Ltd. lifted its stake in Motorola Solutions by 2.5% in the first quarter. Pinnacle Associates Ltd. now owns 1,228 shares of the communications equipment provider’s stock worth $436,000 after acquiring an additional 30 shares during the period. Rehmann Capital Advisory Group lifted its stake in Motorola Solutions by 1.0% in the first quarter. Rehmann Capital Advisory Group now owns 2,910 shares of the communications equipment provider’s stock worth $1,033,000 after acquiring an additional 30 shares during the period. Forum Financial Management LP lifted its stake in Motorola Solutions by 2.3% in the second quarter. Forum Financial Management LP now owns 1,350 shares of the communications equipment provider’s stock worth $521,000 after acquiring an additional 30 shares during the period. Finally, Ancora Advisors LLC raised its holdings in Motorola Solutions by 0.5% in the first quarter. Ancora Advisors LLC now owns 6,771 shares of the communications equipment provider’s stock worth $2,404,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors 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.