Motorola Solutions (NYSE:MSI) Upgraded to Buy at StockNews.com

Motorola Solutions (NYSE:MSI) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

MSI has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James upped their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Bank of America lifted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Shares of MSI 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’s fifty day simple moving average is $467.34 and its 200-day simple moving average is $459.41. The firm has a market capitalization of $73.09 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions has a twelve month low of $318.20 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Equities analysts forecast that Motorola Solutions will post 12.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Motorola Solutions

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $1,528,949,000. Norges Bank acquired a new stake in Motorola Solutions in the fourth quarter valued at about $1,073,645,000. International Assets Investment Management LLC boosted its holdings in 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 purchasing an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC increased its position in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock worth $291,922,000 after buying an additional 484,727 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

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.