Motorola Solutions, Inc. (NYSE:MSI) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Motorola Solutions, Inc. has a consensus rating of “Moderate Buy” from eleven analysts, with two hold and nine buy recommendations; the average 12-month price target is approximately $510.67.
• CAO Katherine A. Maher sold 1,073 shares of Motorola's stock, resulting in a 57.17% decrease in her ownership, indicating possible insider sentiment about the stock.
• In the first quarter, several hedge funds increased their holdings in Motorola Solutions, with ORG Wealth Partners boosting its stake by 346.2%, showing growing institutional interest in the company.

Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eleven analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $510.6667.

A number of equities research analysts have recently issued reports on the company. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. UBS Group began coverage on shares of Motorola Solutions in a research note on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price target for the company. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, Barclays reduced their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th.

Insider Activity

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.44% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of MSI. ORG Wealth Partners LLC increased its holdings in Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after buying an additional 45 shares during the period. Signature Resources Capital Management LLC acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $25,000. Saudi Central Bank bought a new position in Motorola Solutions in the first quarter valued at approximately $29,000. Whipplewood Advisors LLC increased its stake in Motorola Solutions by 289.5% in the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider's stock valued at $31,000 after acquiring an additional 55 shares during the last quarter. Finally, Community Bank N.A. acquired a new position in Motorola Solutions during the first quarter valued at approximately $32,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

MSI opened at $440.10 on Tuesday. The business's 50-day simple moving average is $419.12 and its 200 day simple moving average is $427.99. Motorola Solutions has a 52-week low of $388.90 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The firm has a market capitalization of $73.46 billion, a PE ratio of 36.74, a PEG ratio of 3.76 and a beta of 0.97.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's payout ratio is presently 36.39%.

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.

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