Motorola Solutions (NYSE:MSI) Given New $511.00 Price Target at Barclays

Motorola Solutions (NYSE:MSI - Get Free Report) had its price target lowered by stock analysts at Barclays from $527.00 to $511.00 in a report released on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the communications equipment provider's stock. Barclays's price target suggests a potential upside of 27.09% from the stock's current price.

MSI has been the subject of several other reports. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. JPMorgan Chase & Co. cut their price objective 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, Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Motorola Solutions stock traded down $4.36 during midday trading on Monday, hitting $402.06. The company's stock had a trading volume of 449,887 shares, compared to its average volume of 771,287. The stock's 50-day moving average price is $423.19 and its 200-day moving average price is $453.75. The company has a market capitalization of $67.13 billion, a PE ratio of 43.61, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions has a 12 month low of $345.27 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm earned $2.81 EPS. Analysts anticipate that Motorola Solutions will post 13.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Motorola Solutions

Institutional investors and hedge funds have recently modified their holdings of the business. Synergy Asset Management LLC bought a new position in Motorola Solutions during the 4th quarter worth approximately $25,000. ORG Wealth Partners LLC grew its holdings in shares of 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. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $30,000. 84.17% of the stock is owned by institutional investors.

About Motorola Solutions

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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