Brokerages Set Motorola Solutions, Inc. (NYSE:MSI) PT at $504.88

Shares of Motorola Solutions, Inc. (NYSE:MSI) have been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $504.88.

A number of brokerages have recently issued reports on MSI. Morgan Stanley upped their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. grew its position in shares of Motorola Solutions by 32.9% during the second quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider’s stock worth $18,788,000 after purchasing an additional 12,048 shares in the last quarter. E Fund Management Co. Ltd. grew its position in shares of Motorola Solutions by 40.6% during the second quarter. E Fund Management Co. Ltd. now owns 1,934 shares of the communications equipment provider’s stock worth $747,000 after purchasing an additional 558 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Motorola Solutions by 0.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 35,933 shares of the communications equipment provider’s stock worth $13,872,000 after purchasing an additional 92 shares in the last quarter. Argent Trust Co grew its position in shares of Motorola Solutions by 5.1% during the second quarter. Argent Trust Co now owns 1,100 shares of the communications equipment provider’s stock worth $425,000 after purchasing an additional 53 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Motorola Solutions by 3.4% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,600 shares of the communications equipment provider’s stock worth $2,548,000 after purchasing an additional 215 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.8 %

NYSE MSI opened at $475.78 on Friday. Motorola Solutions has a 12 month low of $314.84 and a 12 month high of $507.82. The stock has a market cap of $79.51 billion, a P/E ratio of 52.11, a P/E/G ratio of 3.44 and a beta of 1.01. The stock’s fifty day moving average price is $475.49 and its 200-day moving average price is $449.68. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities analysts forecast that Motorola Solutions will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 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.