Motorola Solutions, Inc. (NYSE:MSI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Motorola Solutions, Inc. (NYSE:MSI) have earned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $505.88.

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

Motorola Solutions Trading Down 0.4 %

MSI stock opened at $436.15 on Wednesday. The business has a fifty day moving average of $442.30 and a 200-day moving average of $459.57. The company has a market cap of $72.81 billion, a P/E ratio of 47.31, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions has a twelve month low of $332.98 and a twelve month high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

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

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.00%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Institutional Trading of Motorola Solutions

Institutional investors have recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the 4th quarter worth $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at $32,000. 84.17% of the stock is currently 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.