Motorola Solutions Inc (MSI) Given Average Recommendation of “Buy” by Analysts

Shares of Motorola Solutions Inc (NYSE:MSI) have been assigned an average recommendation of “Buy” from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $102.10.

MSI has been the subject of several research reports. Jefferies Group increased their price target on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Thursday, November 9th. Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Friday, January 12th. BMO Capital Markets raised their target price on Motorola Solutions from $102.00 to $116.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Finally, ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th.

Motorola Solutions (MSI) traded up $0.39 during mid-day trading on Friday, hitting $99.13. The stock had a trading volume of 3,309,502 shares, compared to its average volume of 1,434,150. The company has a debt-to-equity ratio of -2.56, a current ratio of 1.35 and a quick ratio of 1.24. The company has a market cap of $15,910.00, a P/E ratio of -92.64, a price-to-earnings-growth ratio of 2.03 and a beta of 0.40. Motorola Solutions has a 12 month low of $77.23 and a 12 month high of $107.78.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.06. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.03 EPS. analysts predict that Motorola Solutions will post 6.31 EPS for the current fiscal year.

In related news, EVP Mark S. Hacker sold 7,411 shares of the firm’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $95.00, for a total transaction of $704,045.00. Following the transaction, the executive vice president now directly owns 16,396 shares of the company’s stock, valued at approximately $1,557,620. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of Motorola Solutions stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total value of $14,246,685.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,375,837 shares of company stock worth $54,195,434. Insiders own 2.50% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Parnassus Investments CA increased its stake in Motorola Solutions by 0.7% in the 4th quarter. Parnassus Investments CA now owns 5,688,161 shares of the communications equipment provider’s stock worth $513,868,000 after purchasing an additional 38,579 shares during the period. Victory Capital Management Inc. increased its stake in Motorola Solutions by 7.5% in the 4th quarter. Victory Capital Management Inc. now owns 2,354,680 shares of the communications equipment provider’s stock worth $212,721,000 after purchasing an additional 164,564 shares during the period. Artisan Partners Limited Partnership increased its stake in Motorola Solutions by 8.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,312,861 shares of the communications equipment provider’s stock worth $196,293,000 after purchasing an additional 188,573 shares during the period. Bank of New York Mellon Corp increased its stake in Motorola Solutions by 9.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,217,974 shares of the communications equipment provider’s stock worth $200,372,000 after purchasing an additional 193,079 shares during the period. Finally, APG Asset Management N.V. grew its position in shares of Motorola Solutions by 4.9% in the 4th quarter. APG Asset Management N.V. now owns 1,722,654 shares of the communications equipment provider’s stock worth $129,601,000 after buying an additional 81,195 shares during the last quarter. 87.89% of the stock is currently owned by institutional investors and hedge funds.

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Motorola Solutions Company Profile

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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