Motorola Solutions, Inc. (NYSE:MSI) Given Average Recommendation of "Moderate Buy" by Brokerages

Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) has received an average recommendation of "Moderate Buy" from the nine brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $504.88.

A number of equities analysts have recently commented on the company. Jefferies Financial Group lifted their target price on Motorola Solutions from $460.00 to $510.00 and gave the stock a "buy" rating in a report on Tuesday, September 3rd. 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 boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the company an "outperform" rating in a research report on Friday, August 30th. Finally, Barclays boosted their target price 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.

Hedge Funds Weigh In On Motorola Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of MSI. &PARTNERS acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $308,000. LRI Investments LLC lifted its stake in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider's stock worth $26,000 after purchasing an additional 61 shares in the last quarter. State of Michigan Retirement System grew its position in shares of Motorola Solutions by 0.4% in the second quarter. State of Michigan Retirement System now owns 45,708 shares of the communications equipment provider's stock valued at $17,646,000 after purchasing an additional 200 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Motorola Solutions by 18.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 18,583 shares of the communications equipment provider's stock valued at $7,174,000 after purchasing an additional 2,835 shares in the last quarter. Finally, Atomi Financial Group Inc. increased its holdings in shares of Motorola Solutions by 7.7% in the second quarter. Atomi Financial Group Inc. now owns 899 shares of the communications equipment provider's stock valued at $347,000 after purchasing an additional 64 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded down $0.17 during trading on Monday, hitting $469.77. 652,452 shares of the company's stock were exchanged, compared to its average volume of 707,994. The business's 50-day simple moving average is $479.11 and its 200 day simple moving average is $436.98. 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 has a 52-week low of $307.31 and a 52-week high of $507.82. The company has a market cap of $78.51 billion, a price-to-earnings ratio of 51.45, a PEG ratio of 3.70 and a beta of 0.99.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities analysts predict that Motorola Solutions will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions's payout ratio is presently 47.75%.

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.