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

Shares of Motorola Solutions, Inc. (NYSE:MSIGet Free Report) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $328.29.

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Barclays upped their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Bank of America initiated coverage on shares of Motorola Solutions in a research report on Monday, October 9th. They issued a “buy” rating and a $330.00 price target for the company. Finally, StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, November 11th.

View Our Latest Analysis on MSI

Insider Transactions at Motorola Solutions

In other news, CEO Gregory Q. Brown sold 65,000 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $305.27, for a total transaction of $19,842,550.00. Following the completion of the sale, the chief executive officer now directly owns 62,105 shares in the company, valued at $18,958,793.35. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, CEO Gregory Q. Brown sold 65,000 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $305.27, for a total transaction of $19,842,550.00. Following the transaction, the chief executive officer now directly owns 62,105 shares of the company’s stock, valued at $18,958,793.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jason J. Winkler sold 5,656 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the transaction, the chief financial officer now directly owns 6,732 shares in the company, valued at $2,055,212.28. The disclosure for this sale can be found here. Insiders sold a total of 76,506 shares of company stock worth $23,359,370 over the last three months. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cumberland Partners Ltd bought a new position in shares of Motorola Solutions in the fourth quarter valued at $4,759,000. GAMMA Investing LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at $254,000. Eudaimonia Advisors LLC lifted its stake in shares of Motorola Solutions by 21.2% in the fourth quarter. Eudaimonia Advisors LLC now owns 1,337 shares of the communications equipment provider’s stock valued at $418,000 after buying an additional 234 shares in the last quarter. Marks Group Wealth Management Inc lifted its stake in shares of Motorola Solutions by 4.9% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,016 shares of the communications equipment provider’s stock valued at $318,000 after buying an additional 47 shares in the last quarter. Finally, Illinois Municipal Retirement Fund lifted its stake in shares of Motorola Solutions by 1.1% in the fourth quarter. Illinois Municipal Retirement Fund now owns 31,146 shares of the communications equipment provider’s stock valued at $9,752,000 after buying an additional 336 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

MSI stock opened at $325.15 on Friday. The company has a 50 day simple moving average of $318.55 and a 200 day simple moving average of $298.21. The stock has a market cap of $53.97 billion, a price-to-earnings ratio of 32.88, a P/E/G ratio of 2.72 and a beta of 0.90. Motorola Solutions has a 1 year low of $251.25 and a 1 year high of $330.93. The company has a debt-to-equity ratio of 12.51, a current ratio of 0.95 and a quick ratio of 0.77.

Motorola Solutions (NYSE:MSIGet Free Report) last released its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.79 by $0.18. The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.53 billion. Motorola Solutions had a net margin of 17.30% and a return on equity of 668.00%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.79 EPS. Research analysts anticipate that Motorola Solutions will post 10.69 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were given a dividend of $0.98 per share. The ex-dividend date was Thursday, December 14th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.88. This represents a $3.92 annualized dividend and a dividend yield of 1.21%. Motorola Solutions’s dividend payout ratio is 39.64%.

Motorola Solutions Company Profile

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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.

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Analyst Recommendations for Motorola Solutions (NYSE:MSI)

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