Analysts Set Motorola Solutions, Inc. (NYSE:MSI) PT at $513.25

Motorola Solutions, Inc. (NYSE:MSI) has been given an average recommendation of “Moderate Buy” by the nine analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $513.25.

Several equities analysts have recently weighed in on MSI shares. Barclays cut their target price 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 cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th.

Insider Activity at Motorola Solutions

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

Institutional Trading of Motorola Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. Deseret Mutual Benefit Administrators increased its holdings in Motorola Solutions by 5.4% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider’s stock worth $206,000 after purchasing an additional 24 shares during the period. Prestige Wealth Management Group LLC grew its position in shares of Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after buying an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in shares of Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after buying an additional 25 shares during the period. Clark Capital Management Group Inc. raised its holdings in shares of Motorola Solutions by 4.3% in the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 26 shares in the last quarter. Finally, Wesbanco Bank Inc. lifted its stake in Motorola Solutions by 2.0% in the first quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider’s stock worth $576,000 after acquiring an additional 26 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $406.04 on Monday. The company’s 50-day moving average price is $418.23 and its 200-day moving average price is $437.36. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. The company has a market cap of $67.78 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96. Motorola Solutions has a twelve month low of $380.72 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the business posted $2.81 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. On average, equities research analysts forecast that Motorola Solutions will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is 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.