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

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

A number of research analysts recently commented on the company. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday. Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th.

Institutional Investors Weigh In On Motorola Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in MSI. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions during the 4th quarter worth about $1,528,949,000. Norges Bank bought a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $1,073,645,000. International Assets Investment Management LLC raised its stake in shares of Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after acquiring an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC raised its stake in shares of Motorola Solutions by 4,447.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after acquiring an additional 572,040 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after acquiring an additional 484,727 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

MSI stock opened at $437.35 on Tuesday. 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 firm has a market cap of $73.09 billion, a P/E ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions has a 12-month low of $318.20 and a 12-month high of $507.82. The stock’s 50 day simple moving average is $467.34 and its 200 day simple moving average is $459.41.

Motorola Solutions (NYSE:MSI) last posted its quarterly 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). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities research analysts predict that Motorola Solutions will post 12.57 EPS for the current year.

About Motorola Solutions

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.