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

Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) has received an average rating of "Moderate Buy" from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $513.25.

A number of equities research analysts recently weighed in on the company. Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, Wolfe Research assumed coverage on Motorola Solutions in a report on Monday. They issued a "peer perform" rating for the company.

Motorola Solutions Stock Up 0.0%

NYSE MSI opened at $418.08 on Friday. 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 company has a market capitalization of $69.79 billion, a P/E ratio of 34.90, a P/E/G ratio of 3.60 and a beta of 0.95. Motorola Solutions has a one year low of $385.17 and a one year high of $507.82. The stock has a 50 day moving average price of $416.13 and a 200-day moving average price of $432.84.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the firm posted $2.81 EPS. Motorola Solutions's quarterly revenue was up 5.8% compared to the same quarter last year. As a group, equities analysts predict that Motorola Solutions will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 36.39%.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the sale, the chief accounting officer owned 804 shares of the company's stock, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.44% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MSI. ORG Wealth Partners LLC grew its stake in Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after buying an additional 45 shares during the last quarter. Saudi Central Bank purchased a new position in Motorola Solutions during the 1st quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the 4th quarter worth approximately $30,000. Meeder Asset Management Inc. purchased a new position in Motorola Solutions during the 4th quarter worth approximately $32,000. Finally, Community Bank N.A. purchased a new position in Motorola Solutions during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

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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