Motorola Solutions, Inc. (NYSE:MSI – Get Rating) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $290.67.
MSI has been the topic of a number of analyst reports. Credit Suisse Group cut shares of Motorola Solutions from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $300.00 to $270.00 in a report on Wednesday, January 11th. Barclays decreased their target price on shares of Motorola Solutions from $306.00 to $303.00 and set an “overweight” rating for the company in a research report on Friday, February 10th. JPMorgan Chase & Co. upgraded shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the company from $300.00 to $305.00 in a research report on Thursday. Edward Jones lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, January 23rd. Finally, StockNews.com started coverage on shares of Motorola Solutions in a research report on Thursday. They set a “buy” rating for the company.
Motorola Solutions Stock Down 1.6 %
Shares of NYSE:MSI opened at $264.24 on Tuesday. The stock has a market capitalization of $44.19 billion, a price-to-earnings ratio of 33.32, a price-to-earnings-growth ratio of 2.85 and a beta of 0.92. Motorola Solutions has a 1-year low of $195.18 and a 1-year high of $275.16. The company’s fifty day moving average is $262.49 and its two-hundred day moving average is $253.02. The company has a debt-to-equity ratio of 45.90, a quick ratio of 0.92 and a current ratio of 1.15.
Motorola Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Wednesday, March 15th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Tuesday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 44.39%.
Insider Transactions at Motorola Solutions
In related news, Director Kenneth D. Denman sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $266.33, for a total transaction of $399,495.00. Following the transaction, the director now owns 8,313 shares of the company’s stock, valued at $2,214,001.29. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Kenneth D. Denman sold 1,500 shares of the firm’s stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $266.33, for a total value of $399,495.00. Following the sale, the director now owns 8,313 shares in the company, valued at $2,214,001.29. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Gregory Q. Brown sold 26,933 shares of the firm’s stock in a transaction on Tuesday, February 14th. The stock was sold at an average price of $271.25, for a total transaction of $7,305,576.25. Following the completion of the sale, the chief executive officer now owns 48,142 shares in the company, valued at approximately $13,058,517.50. The disclosure for this sale can be found here. Insiders sold 37,167 shares of company stock valued at $10,066,483 over the last three months. 1.85% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in MSI. Mendota Financial Group LLC bought a new position in shares of Motorola Solutions in the fourth quarter valued at about $28,000. Boyd Watterson Asset Management LLC OH acquired a new stake in Motorola Solutions in the fourth quarter worth about $29,000. Asset Dedication LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $29,000. HM Payson & Co. grew its position in shares of Motorola Solutions by 52.3% during the 4th quarter. HM Payson & Co. now owns 134 shares of the communications equipment provider’s stock worth $35,000 after buying an additional 46 shares during the period. Finally, Ruedi Wealth Management Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $38,000. 83.67% of the stock is owned by institutional investors.
About Motorola Solutions
Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the following 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 the implementation and integration of such systems, devices, and applications.
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