Motorola Solutions, Inc. (NYSE:MSI) Receives $505.88 Consensus PT from Analysts

Shares of Motorola Solutions, Inc. (NYSE:MSI) have earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $505.88.

MSI has been the subject of a number of recent research reports. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $401.91 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a 50 day moving average price of $439.25 and a 200-day moving average price of $459.26. Motorola Solutions has a 52 week low of $332.98 and a 52 week high of $507.82. The firm has a market capitalization of $67.10 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 0.94.

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

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.08%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Institutional Investors Weigh In On Motorola Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of MSI. D.A. Davidson & CO. raised its position in shares of Motorola Solutions by 13.0% during the third quarter. D.A. Davidson & CO. now owns 1,245 shares of the communications equipment provider’s stock valued at $560,000 after buying an additional 143 shares during the last quarter. Public Sector Pension Investment Board grew its stake in Motorola Solutions by 14.1% during the third quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider’s stock valued at $3,279,000 after acquiring an additional 900 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in Motorola Solutions in the 3rd quarter valued at $6,169,000. Verition Fund Management LLC lifted its stake in Motorola Solutions by 136.3% in the 3rd quarter. Verition Fund Management LLC now owns 10,904 shares of the communications equipment provider’s stock worth $4,903,000 after purchasing an additional 6,289 shares in the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of Motorola Solutions during the 3rd quarter valued at about $3,571,000. 84.17% of the stock is owned by institutional investors.

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.