Motorola Solutions Inc (MSI) Receives Average Rating of “Buy” from Analysts

Shares of Motorola Solutions Inc (NYSE:MSI) have received an average rating of “Buy” from the sixteen research firms that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $95.00.

MSI has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a report on Friday, October 6th. ValuEngine downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, Jefferies Group restated a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 31st.

In other Motorola Solutions news, EVP Bruce W. Brda sold 5,916 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $92.41, for a total value of $546,697.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 75,019 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $90.91, for a total transaction of $6,819,977.29. Following the completion of the transaction, the chief executive officer now owns 183,312 shares in the company, valued at $16,664,893.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 359,286 shares of company stock worth $33,178,275. Corporate insiders own 2.50% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC increased its holdings in shares of Motorola Solutions by 6.8% in the third quarter. Parametric Portfolio Associates LLC now owns 758,515 shares of the communications equipment provider’s stock valued at $64,375,000 after purchasing an additional 48,247 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Motorola Solutions in the third quarter valued at $2,193,000. IFM Investors Pty Ltd acquired a new position in shares of Motorola Solutions in the third quarter valued at $421,000. Sterling Capital Management LLC increased its holdings in shares of Motorola Solutions by 18.2% in the third quarter. Sterling Capital Management LLC now owns 43,438 shares of the communications equipment provider’s stock valued at $3,687,000 after purchasing an additional 6,687 shares during the last quarter. Finally, California Public Employees Retirement System increased its holdings in shares of Motorola Solutions by 4.8% in the third quarter. California Public Employees Retirement System now owns 395,631 shares of the communications equipment provider’s stock valued at $33,577,000 after purchasing an additional 18,274 shares during the last quarter. Hedge funds and other institutional investors own 87.78% of the company’s stock.

Motorola Solutions (MSI) traded down $1.18 during midday trading on Thursday, hitting $92.10. 1,041,700 shares of the stock were exchanged, compared to its average volume of 1,077,917. 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 has a 12 month low of $76.92 and a 12 month high of $95.30. The firm has a market capitalization of $14,840.00, a P/E ratio of 18.15, a PEG ratio of 4.16 and a beta of 0.35.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.13. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period last year, the company earned $1.37 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. sell-side analysts predict that Motorola Solutions will post 5.13 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a $0.52 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Thursday, December 14th. Motorola Solutions’s payout ratio is currently 53.20%.

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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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