Motorola Solutions (NYSE:MSI) Downgraded to “Hold” Rating by StockNews.com

StockNews.com downgraded shares of Motorola Solutions (NYSE:MSI) from a buy rating to a hold rating in a research report released on Monday.

A number of other analysts have also weighed in on MSI. Barclays raised their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price target 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. 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. Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Finally, Raymond James lifted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Up 0.3 %

NYSE:MSI opened at $480.65 on Monday. The firm has a market cap of $80.33 billion, a P/E ratio of 52.65, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The firm has a 50-day simple moving average of $470.40 and a two-hundred day simple moving average of $456.91.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.91%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

Hedge Funds Weigh In On Motorola Solutions

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth $1,528,949,000. International Assets Investment Management LLC lifted its holdings in shares of Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after buying an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC lifted its holdings in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after buying an additional 572,040 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after buying an additional 315,053 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Motorola Solutions by 477.9% in the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after buying an additional 257,727 shares in the last quarter. Hedge funds and other institutional investors 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.