Motorola Solutions, Inc. (NYSE:MSI) Receives $504.88 Consensus PT from Brokerages

Motorola Solutions, Inc. (NYSE:MSI) has been given an average rating of “Moderate Buy” by the nine research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $504.88.

MSI has been the topic of a number of recent analyst reports. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley boosted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Bank of America upped their price target 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. Finally, Barclays lifted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th.

Motorola Solutions Price Performance

MSI opened at $465.23 on Friday. The firm has a 50-day moving average price of $477.21 and a 200-day moving average price of $447.95. Motorola Solutions has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities analysts expect that Motorola Solutions will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Institutional Investors Weigh In On Motorola Solutions

Several institutional investors have recently bought and sold shares of MSI. Veracity Capital LLC purchased a new position in shares of Motorola Solutions in the fourth quarter valued at about $208,000. Secure Asset Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $220,000. Red Door Wealth Management LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $937,000. Raleigh Capital Management Inc. raised its position in Motorola Solutions by 335.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 431 shares of the communications equipment provider’s stock valued at $199,000 after purchasing an additional 332 shares during the last quarter. Finally, Independent Wealth Network Inc. lifted its holdings in Motorola Solutions by 3.9% in the 4th quarter. Independent Wealth Network Inc. now owns 2,658 shares of the communications equipment provider’s stock worth $1,229,000 after buying an additional 100 shares during the period. 84.17% of the stock is currently owned by hedge funds and other 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.