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

Shares of Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) have received an average rating of "Moderate Buy" from the eight analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $505.88.

MSI has been the topic of a number of recent research reports. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Morgan Stanley increased 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. Finally, Barclays reduced their price objective 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.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions in the 4th quarter worth $1,528,949,000. Norges Bank purchased a new stake in Motorola Solutions in the fourth quarter worth about $1,073,645,000. Arrowstreet Capital Limited Partnership grew its holdings in Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after acquiring an additional 484,727 shares in the last quarter. Geode Capital Management LLC grew its holdings in Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after acquiring an additional 451,172 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its position in Motorola Solutions by 209.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after purchasing an additional 378,462 shares during the period. Institutional investors own 84.17% of the company's stock.

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Motorola Solutions Price Performance

NYSE MSI traded down $33.59 on Wednesday, reaching $401.91. The company had a trading volume of 1,726,336 shares, compared to its average volume of 759,105. The stock has a market capitalization of $67.10 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions has a 12 month low of $332.98 and a 12 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. The firm's 50 day moving average price is $439.25 and its 200 day moving average price is $459.26.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued 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 firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, equities analysts predict that Motorola Solutions will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.