Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Motorola Solutions (NYSE:MSI) Stock Price

Motorola Solutions (NYSE:MSI) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from $440.00 to $530.00 in a research note released on Tuesday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the communications equipment provider’s stock.

A number of other analysts have also commented on the stock. Evercore ISI boosted their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Jefferies Financial Group lifted their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Raymond James raised 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. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $506.29.

Motorola Solutions Price Performance

MSI stock opened at $496.56 on Tuesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company’s 50-day moving average is $467.86 and its 200-day moving average is $422.13. The stock has a market capitalization of $82.99 billion, a PE ratio of 54.39, a price-to-earnings-growth ratio of 4.11 and a beta of 0.97. Motorola Solutions has a 1 year low of $307.09 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Equities research analysts expect that Motorola Solutions will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Institutional Investors Weigh In On Motorola Solutions

Several large investors have recently made changes to their positions in the business. Ancora Advisors LLC grew its position in Motorola Solutions by 0.5% during the first quarter. Ancora Advisors LLC now owns 6,771 shares of the communications equipment provider’s stock valued at $2,404,000 after buying an additional 31 shares during the period. B. Riley Wealth Advisors Inc. raised its position in Motorola Solutions by 39.9% in the first quarter. B. Riley Wealth Advisors Inc. now owns 3,873 shares of the communications equipment provider’s stock worth $1,375,000 after acquiring an additional 1,105 shares during the period. Tidal Investments LLC boosted its stake in Motorola Solutions by 42.2% in the first quarter. Tidal Investments LLC now owns 15,764 shares of the communications equipment provider’s stock valued at $5,595,000 after acquiring an additional 4,682 shares during the last quarter. iA Global Asset Management Inc. grew its position in shares of Motorola Solutions by 301.9% during the 1st quarter. iA Global Asset Management Inc. now owns 4,706 shares of the communications equipment provider’s stock valued at $1,671,000 after acquiring an additional 3,535 shares during the period. Finally, Citizens Financial Group Inc. RI grew its position in shares of Motorola Solutions by 52.2% during the 1st quarter. Citizens Financial Group Inc. RI now owns 1,746 shares of the communications equipment provider’s stock valued at $620,000 after acquiring an additional 599 shares during the period. 84.17% of the stock is owned by hedge funds and other 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.