Motorola Solutions (NYSE:MSI) had its price target lifted by Deutsche Bank from $150.00 to $160.00 in a report issued on Tuesday, The Fly reports. Deutsche Bank currently has a buy rating on the communications equipment provider’s stock.

Several other equities analysts have also weighed in on MSI. BTIG Research increased their price objective on Motorola Solutions from $137.00 to $170.00 and gave the company a buy rating in a report on Tuesday, April 2nd. Zacks Investment Research raised Motorola Solutions from a hold rating to a buy rating and set a $150.00 price objective for the company in a report on Wednesday, February 13th. ValuEngine raised Motorola Solutions from a hold rating to a buy rating in a report on Friday, February 8th. Raymond James set a $139.00 price objective on Motorola Solutions and gave the company a buy rating in a report on Friday, February 8th. Finally, TheStreet raised Motorola Solutions from a c+ rating to a b- rating in a report on Tuesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $136.73.

Shares of NYSE MSI opened at $140.78 on Tuesday. Motorola Solutions has a 1-year low of $105.06 and a 1-year high of $144.94. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 20.61, a PEG ratio of 2.39 and a beta of 0.59.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 7th. The communications equipment provider reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.22. Motorola Solutions had a negative return on equity of 82.33% and a net margin of 13.17%. The business had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same period in the prior year, the company earned $2.10 earnings per share. Motorola Solutions’s revenue was up 15.2% compared to the same quarter last year. On average, equities research analysts predict that Motorola Solutions will post 7.36 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 15th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, March 14th. Motorola Solutions’s payout ratio is currently 33.38%.

In other news, EVP John P. Molloy sold 79,995 shares of the firm’s stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $139.42, for a total value of $11,152,902.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kelly S. Mark sold 13,600 shares of the firm’s stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of $142.71, for a total value of $1,940,856.00. The disclosure for this sale can be found here. 2.99% of the stock is owned by company insiders.

Institutional investors have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund raised its position in shares of Motorola Solutions by 10,544.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,378,307 shares of the communications equipment provider’s stock worth $38,000 after buying an additional 4,337,175 shares in the last quarter. Norges Bank purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $224,752,000. FMR LLC raised its position in shares of Motorola Solutions by 889.0% in the fourth quarter. FMR LLC now owns 1,326,004 shares of the communications equipment provider’s stock worth $152,543,000 after buying an additional 1,191,924 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Motorola Solutions by 19.6% in the third quarter. TIAA CREF Investment Management LLC now owns 2,283,035 shares of the communications equipment provider’s stock worth $297,114,000 after buying an additional 374,328 shares in the last quarter. Finally, Ceredex Value Advisors LLC raised its position in shares of Motorola Solutions by 35.9% in the fourth quarter. Ceredex Value Advisors LLC now owns 1,349,050 shares of the communications equipment provider’s stock worth $155,948,000 after buying an additional 356,488 shares in the last quarter. 87.40% of the stock is owned by hedge funds and other institutional investors.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

Further Reading: Market Capitalization and Individual Investors

The Fly

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.