Analysts Set Motorola Solutions, Inc. (NYSE:MSI) Target Price at $505.88

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

Several equities analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th.

Institutional Trading of Motorola Solutions

A number of institutional investors have recently modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new position in Motorola Solutions during the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new position in Motorola Solutions in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 7.7 %

MSI stock opened at $401.91 on Wednesday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company’s 50 day simple moving average is $439.25 and its 200-day simple moving average is $458.96. The firm has a market capitalization of $67.09 billion, a PE ratio of 43.59, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions has a 12 month low of $332.98 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Equities analysts expect that Motorola Solutions will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.08%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.