Motorola Solutions, Inc. (NYSE:MSI) had its price objective increased by Jefferies Group LLC from $105.00 to $110.00 in a report released on Friday morning. Jefferies Group LLC currently has a buy rating on the communications equipment provider’s stock.

Several other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Motorola Solutions from a buy rating to a hold rating in a report on Monday, October 23rd. Cleveland Research upgraded shares of Motorola Solutions from a neutral rating to a buy rating in a report on Friday, October 6th. Finally, ValuEngine lowered shares of Motorola Solutions from a buy rating to a hold rating in a report on Tuesday, August 22nd. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $94.83.

Shares of Motorola Solutions (NYSE:MSI) traded down $0.12 during trading hours on Friday, hitting $92.31. 96,405 shares of the company’s stock were exchanged, compared to its average volume of 825,840. Motorola Solutions has a 1-year low of $76.64 and a 1-year high of $94.94. The stock has a market cap of $14,920.00, a PE ratio of 18.34, a P/E/G ratio of 3.61 and a beta of 0.33. The company has a quick ratio of 1.16, a current ratio of 1.30 and a debt-to-equity ratio of -5.41.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.58 billion. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business earned $1.37 EPS. equities research analysts forecast that Motorola Solutions will post 5.02 earnings per share for the current year.

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The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be issued a dividend of $0.52 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date is Thursday, December 14th. This represents a $2.08 dividend on an annualized basis and a yield of 2.25%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.08%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Motorola Solutions by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 16,290,817 shares of the communications equipment provider’s stock valued at $1,413,066,000 after buying an additional 254,399 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Motorola Solutions by 6.7% during the 2nd quarter. Lazard Asset Management LLC now owns 9,589,218 shares of the communications equipment provider’s stock valued at $831,768,000 after buying an additional 600,229 shares in the last quarter. State Street Corp lifted its holdings in Motorola Solutions by 1.8% during the 2nd quarter. State Street Corp now owns 7,734,797 shares of the communications equipment provider’s stock valued at $670,905,000 after buying an additional 135,926 shares in the last quarter. Parnassus Investments CA lifted its holdings in Motorola Solutions by 0.7% during the 3rd quarter. Parnassus Investments CA now owns 5,649,582 shares of the communications equipment provider’s stock valued at $479,480,000 after buying an additional 41,541 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its holdings in Motorola Solutions by 2.1% during the 2nd quarter. Neuberger Berman Group LLC now owns 5,458,346 shares of the communications equipment provider’s stock valued at $473,457,000 after buying an additional 110,330 shares in the last quarter. Institutional investors own 87.95% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

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