William Blair Reiterates Outperform Rating for Motorola Solutions (NYSE:MSI)

Motorola Solutions (NYSE:MSI - Get Free Report)'s stock had its "outperform" rating reaffirmed by analysts at William Blair in a research note issued on Wednesday,RTT News reports.

A number of other analysts have also recently commented on the company. 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 research note on Thursday, April 17th. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Barclays decreased their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Finally, Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Stock Performance

MSI traded down $2.89 during trading on Wednesday, reaching $415.54. 3,176,673 shares of the company's stock were exchanged, compared to its average volume of 803,774. Motorola Solutions has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The business has a 50 day moving average price of $420.90 and a 200 day moving average price of $446.81. The company has a market capitalization of $69.36 billion, a P/E ratio of 45.07, a PEG ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.81 EPS. As a group, analysts predict that Motorola Solutions will post 13.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in MSI. Raymond James Financial Inc. bought a new position in Motorola Solutions during the 4th quarter worth $1,528,949,000. Norges Bank bought a new position in Motorola Solutions during the 4th quarter worth $1,073,645,000. Nuveen LLC bought a new position in Motorola Solutions during the 1st quarter worth $650,426,000. GAMMA Investing LLC grew its holdings in shares of Motorola Solutions by 43,787.3% during the 1st quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock worth $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after purchasing an additional 484,727 shares in the last quarter. 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.