Motorola Solutions, Inc. (MSI) Stock Rating Lowered by ValuEngine
Motorola Solutions, Inc. (NYSE:MSI) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.
MSI has been the subject of several other reports. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research report on Thursday, November 9th. Credit Suisse Group set a $95.00 target price on Motorola Solutions and gave the stock a “buy” rating in a research report on Thursday, July 27th. Jefferies Group LLC lifted their price target on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. BMO Capital Markets lifted their price target on Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Finally, Deutsche Bank AG lifted their price target on Motorola Solutions from $73.00 to $78.00 and gave the stock a “hold” rating in a research note on Monday, August 7th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Motorola Solutions currently has a consensus rating of “Buy” and an average price target of $95.08.
Shares of Motorola Solutions (MSI) opened at $90.97 on Wednesday. The stock has a market capitalization of $14,643.16, a price-to-earnings ratio of 17.59, a price-to-earnings-growth ratio of 4.03 and a beta of 0.33. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16. Motorola Solutions has a one year low of $76.92 and a one year high of $94.94.
Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 earnings per share. equities research analysts predict that Motorola Solutions will post 5.14 EPS for the current year.
In related news, CEO Gregory Q. Brown sold 75,019 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $90.91, for a total value of $6,819,977.29. Following the transaction, the chief executive officer now directly owns 183,312 shares of the company’s stock, valued at approximately $16,664,893.92. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Bruce W. Brda sold 5,916 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The disclosure for this sale can be found here. 2.50% of the stock is owned by corporate insiders.
A number of institutional investors have recently made changes to their positions in MSI. Dimensional Fund Advisors LP raised its holdings in Motorola Solutions by 4.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 397,623 shares of the communications equipment provider’s stock worth $34,277,000 after purchasing an additional 17,454 shares during the period. NN Investment Partners Holdings N.V. grew its position in shares of Motorola Solutions by 25.1% during the second quarter. NN Investment Partners Holdings N.V. now owns 19,909 shares of the communications equipment provider’s stock valued at $1,727,000 after purchasing an additional 3,992 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its position in shares of Motorola Solutions by 571.5% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 26,746 shares of the communications equipment provider’s stock valued at $2,320,000 after purchasing an additional 22,763 shares in the last quarter. Exane Derivatives grew its position in shares of Motorola Solutions by 163.6% during the second quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock valued at $140,000 after purchasing an additional 1,001 shares in the last quarter. Finally, LS Investment Advisors LLC grew its position in shares of Motorola Solutions by 3.4% during the second quarter. LS Investment Advisors LLC now owns 7,732 shares of the communications equipment provider’s stock valued at $671,000 after purchasing an additional 256 shares in the last quarter. 88.04% of the stock is currently owned by institutional investors.
Motorola Solutions Company Profile
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.
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