Motorola Solutions (NYSE:MSI) Given New $375.00 Price Target at Deutsche Bank Aktiengesellschaft

Motorola Solutions (NYSE:MSI) had its target price lifted by Deutsche Bank Aktiengesellschaft from $355.00 to $375.00 in a research report sent to investors on Monday morning, Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the communications equipment provider’s stock.

MSI has been the topic of several other reports. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an outperform rating and a $400.00 target price on the stock. StockNews.com raised shares of Motorola Solutions from a hold rating to a buy rating in a research note on Monday, February 12th. JPMorgan Chase & Co. raised their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an overweight rating in a research report on Friday, May 3rd. Barclays upped their price target on Motorola Solutions from $362.00 to $372.00 and gave the company an overweight rating in a research report on Friday, May 3rd. Finally, William Blair restated an outperform rating on shares of Motorola Solutions in a research report on Friday, February 9th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of Moderate Buy and a consensus price target of $357.43.

Motorola Solutions Stock Up 0.2 %

Shares of MSI opened at $359.02 on Monday. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions has a 52 week low of $269.64 and a 52 week high of $361.68. The stock has a market capitalization of $59.88 billion, a price-to-earnings ratio of 44.38, a PEG ratio of 3.27 and a beta of 0.91. The stock has a fifty day moving average of $344.39 and a 200-day moving average of $325.32.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating the consensus estimate of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the company earned $3.38 earnings per share. As a group, sell-side analysts anticipate that Motorola Solutions will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.09%. Motorola Solutions’s payout ratio is 48.45%.

Insider Buying and Selling

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MSI. State Board of Administration of Florida Retirement System increased its stake in Motorola Solutions by 8.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 189,360 shares of the communications equipment provider’s stock valued at $67,219,000 after purchasing an additional 15,488 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in Motorola Solutions by 3.3% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 240,999 shares of the communications equipment provider’s stock valued at $85,550,000 after buying an additional 7,591 shares in the last quarter. Entropy Technologies LP raised its stake in Motorola Solutions by 174.3% during the 1st quarter. Entropy Technologies LP now owns 10,748 shares of the communications equipment provider’s stock worth $3,815,000 after buying an additional 6,829 shares during the period. Bleakley Financial Group LLC boosted its holdings in Motorola Solutions by 7.1% in the first quarter. Bleakley Financial Group LLC now owns 2,893 shares of the communications equipment provider’s stock worth $1,027,000 after acquiring an additional 193 shares in the last quarter. Finally, AMJ Financial Wealth Management acquired a new stake in Motorola Solutions in the first quarter valued at approximately $221,000. 84.17% of the stock is owned by institutional investors.

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.