Motorola Solutions, Inc. (NYSE:MSI) had its price target hoisted by stock analysts at Jefferies Group LLC from $105.00 to $110.00 in a report issued on Friday. The brokerage presently has a “buy” rating on the communications equipment provider’s stock. Jefferies Group LLC’s target price suggests a potential upside of 16.71% from the company’s previous close.

MSI has been the subject of several other reports. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a research report on Tuesday, August 29th. Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. BMO Capital Markets upped their price objective on Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Credit Suisse Group set a $95.00 price objective on Motorola Solutions and gave the stock a “buy” rating in a research report on Thursday, July 27th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $94.83.

Shares of Motorola Solutions (MSI) opened at $94.25 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.17 and a debt-to-equity ratio of -4.53. Motorola Solutions has a 1 year low of $72.54 and a 1 year high of $94.94. The firm has a market capitalization of $15,330.14, a price-to-earnings ratio of 18.34, a P/E/G ratio of 3.61 and a beta of 0.33.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.13. Motorola Solutions had a negative return on equity of 88.13% and a net margin of 10.51%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the company earned $1.37 EPS. Motorola Solutions’s revenue for the quarter was up 7.4% on a year-over-year basis. analysts predict that Motorola Solutions will post 5.02 earnings per share for the current year.

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In other news, EVP Eduardo F. Conrado sold 6,998 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the completion of the transaction, the executive vice president now directly owns 22,858 shares in the company, valued at $2,037,333.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bruce W. Brda sold 25,299 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.11, for a total value of $2,254,393.89. Following the transaction, the executive vice president now owns 23,829 shares of the company’s stock, valued at $2,123,402.19. The disclosure for this sale can be found here. 2.50% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Sun Life Financial INC raised its position in shares of Motorola Solutions by 14,800.0% during the second quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after acquiring an additional 1,184 shares during the last quarter. Acrospire Investment Management LLC raised its position in shares of Motorola Solutions by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after acquiring an additional 300 shares during the last quarter. Exane Derivatives raised its position in shares of Motorola Solutions by 163.6% during the second quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock worth $140,000 after acquiring an additional 1,001 shares during the last quarter. Smithfield Trust Co. raised its position in shares of Motorola Solutions by 2.7% during the second quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock worth $173,000 after acquiring an additional 53 shares during the last quarter. Finally, Williams Jones & Associates LLC bought a new position in shares of Motorola Solutions during the second quarter worth about $201,000. Institutional investors own 88.04% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

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