Motorola Solutions (NYSE:MSI) Upgraded 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 on Tuesday.

A number of other analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of 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 Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $437.35 on Tuesday. The stock has a market capitalization of $73.09 billion, a P/E ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. The business has a 50 day simple moving average of $467.34 and a two-hundred day simple moving average of $459.41. Motorola Solutions has a 12 month low of $318.20 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

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

Hedge Funds Weigh In On Motorola Solutions

Large investors have recently made changes to their positions in the stock. World Investment Advisors LLC lifted its stake in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at $449,000. Groupama Asset Managment lifted its stake in Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC boosted its holdings in Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after acquiring an additional 32,157 shares during the period. Finally, Oddo BHF Asset Management Sas purchased a new position in Motorola Solutions during the 3rd quarter valued at about $33,423,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

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.