Motorola Solutions Inc. (NYSE:MSI) has been assigned an average rating of “Hold” from the sixteen analysts that are covering the firm. Nine analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $75.00.
A number of equities analysts have recently commented on MSI shares. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “sell” rating in a report on Wednesday, January 4th. Credit Suisse Group AG restated a “buy” rating and issued a $80.00 target price on shares of Motorola Solutions in a report on Friday, November 4th. Finally, BMO Capital Markets upgraded shares of Motorola Solutions from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $72.00 to $84.00 in a report on Wednesday, October 12th.
In other news, Chairman Gregory Q. Brown sold 95,235 shares of the business’s stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $82.40, for a total transaction of $7,847,364.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.55% of the company’s stock.
Several large investors have recently bought and sold shares of MSI. HighPoint Advisor Group LLC increased its stake in Motorola Solutions by 277.2% in the third quarter. HighPoint Advisor Group LLC now owns 10,848 shares of the company’s stock valued at $872,000 after buying an additional 7,972 shares during the last quarter. D.A. Davidson & CO. increased its stake in Motorola Solutions by 107.1% in the third quarter. D.A. Davidson & CO. now owns 1,868 shares of the company’s stock valued at $141,000 after buying an additional 966 shares during the last quarter. Brinker Capital Inc. acquired a new stake in Motorola Solutions during the third quarter valued at approximately $594,000. Price T Rowe Associates Inc. MD increased its stake in Motorola Solutions by 5.8% in the third quarter. Price T Rowe Associates Inc. MD now owns 421,976 shares of the company’s stock valued at $32,188,000 after buying an additional 23,120 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. increased its stake in Motorola Solutions by 35.9% in the third quarter. Candriam Luxembourg S.C.A. now owns 8,760 shares of the company’s stock valued at $668,000 after buying an additional 2,312 shares during the last quarter. 83.89% of the stock is owned by institutional investors.
Shares of Motorola Solutions (NYSE:MSI) opened at 81.86 on Friday. The company has a market cap of $13.59 billion, a PE ratio of 24.15 and a beta of 0.44. The company has a 50 day moving average of $82.61 and a 200-day moving average of $76.33. Motorola Solutions has a 52-week low of $59.78 and a 52-week high of $87.55.
Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 3rd. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.17. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Motorola Solutions had a net margin of 10.19% and a negative return on equity of 190.73%. The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 earnings per share. Analysts forecast that Motorola Solutions will post $4.76 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 13th. Stockholders of record on Thursday, December 15th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.41. This represents a $1.88 annualized dividend and a dividend yield of 2.30%. Motorola Solutions’s payout ratio is presently 55.13%.
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. Its Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines, including Devices and Systems.