Motorola Solutions Inc (NYSE:MSI) has received a consensus rating of “Buy” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $94.20.

A number of brokerages recently issued reports on MSI. Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Friday. Zacks Investment Research downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Jefferies Group increased their price objective on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th.

Shares of Motorola Solutions (MSI) traded up $3.02 during mid-day trading on Monday, hitting $96.57. The company had a trading volume of 1,874,908 shares, compared to its average volume of 1,014,778. The company has a quick ratio of 1.16, a current ratio of 1.30 and a debt-to-equity ratio of -5.41. Motorola Solutions has a one year low of $76.92 and a one year high of $97.18. The stock has a market capitalization of $15,640.00, a P/E ratio of 24.70, a PEG ratio of 4.08 and a beta of 0.35.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.13. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the business posted $1.37 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. sell-side analysts predict that Motorola Solutions will post 5.13 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 15th were given a dividend of $0.52 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date was Thursday, December 14th. This represents a $2.08 dividend on an annualized basis and a yield of 2.15%. Motorola Solutions’s dividend payout ratio (DPR) is presently 53.20%.

In other news, major shareholder Motorola Solutions, Inc. sold 949,779 shares of Motorola Solutions stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total value of $14,246,685.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Bruce W. Brda sold 5,916 shares of Motorola Solutions stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The disclosure for this sale can be found here. Insiders have sold 1,328,765 shares of company stock worth $49,257,060 in the last 90 days. Company insiders own 2.50% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Motorola Solutions by 1.6% in the second quarter. Vanguard Group Inc. now owns 16,290,817 shares of the communications equipment provider’s stock worth $1,413,066,000 after buying an additional 254,399 shares during the period. Lazard Asset Management LLC increased its holdings in shares of Motorola Solutions by 6.7% in the second quarter. Lazard Asset Management LLC now owns 9,589,218 shares of the communications equipment provider’s stock worth $831,768,000 after buying an additional 600,229 shares during the period. State Street Corp increased its holdings in shares of Motorola Solutions by 1.8% in the second quarter. State Street Corp now owns 7,734,797 shares of the communications equipment provider’s stock worth $670,905,000 after buying an additional 135,926 shares during the period. Parnassus Investments CA increased its holdings in shares of Motorola Solutions by 0.7% in the third quarter. Parnassus Investments CA now owns 5,649,582 shares of the communications equipment provider’s stock worth $479,480,000 after buying an additional 41,541 shares during the period. Finally, Artisan Partners Limited Partnership increased its holdings in shares of Motorola Solutions by 8.9% in the third quarter. Artisan Partners Limited Partnership now owns 2,312,861 shares of the communications equipment provider’s stock worth $196,293,000 after buying an additional 188,573 shares during the period. Hedge funds and other institutional investors own 87.81% of the company’s stock.

WARNING: “Motorola Solutions Inc (MSI) Receives Average Recommendation of “Buy” from Brokerages” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/01/15/motorola-solutions-inc-msi-receives-average-recommendation-of-buy-from-brokerages.html.

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)

Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.