Motorola Solutions (MSI) Given Consensus Rating of “Buy” by Analysts

Shares of Motorola Solutions (NYSE:MSI) have been assigned a consensus rating of “Buy” from the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $114.67.

MSI has been the subject of several research analyst reports. Zacks Investment Research cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. Deutsche Bank raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research note on Friday, January 12th. Citigroup lifted their price objective on shares of Motorola Solutions from $104.00 to $112.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. BMO Capital Markets lifted their price objective on shares of Motorola Solutions from $102.00 to $116.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Finally, MKM Partners lifted their price objective on shares of Motorola Solutions to $116.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th.

How to Become a New Pot Stock Millionaire

In related news, CAO John K. Wozniak sold 45,577 shares of Motorola Solutions stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $104.90, for a total transaction of $4,781,027.30. Following the completion of the transaction, the chief accounting officer now directly owns 20,099 shares of the company’s stock, valued at approximately $2,108,385.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Gregory Q. Brown sold 185,000 shares of Motorola Solutions stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $109.08, for a total transaction of $20,179,800.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,394,467 shares of company stock valued at $62,068,687. 2.50% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. NuWave Investment Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter worth about $168,000. Tower Research Capital LLC TRC purchased a new position in shares of Motorola Solutions during the 4th quarter worth about $188,000. Meeder Asset Management Inc. boosted its stake in shares of Motorola Solutions by 67.4% during the 4th quarter. Meeder Asset Management Inc. now owns 2,171 shares of the communications equipment provider’s stock worth $196,000 after purchasing an additional 874 shares during the period. MAI Capital Management purchased a new position in shares of Motorola Solutions during the 4th quarter worth about $202,000. Finally, Lombard Odier Asset Management Europe Ltd purchased a new position in shares of Motorola Solutions during the 4th quarter worth about $206,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

MSI traded down $2.71 during trading on Friday, hitting $103.98. 1,080,416 shares of the company traded hands, compared to its average volume of 1,179,333. The stock has a market capitalization of $17,209.90, a price-to-earnings ratio of 20.00, a PEG ratio of 2.12 and a beta of 0.32. Motorola Solutions has a 1 year low of $79.63 and a 1 year high of $110.29. The company has a debt-to-equity ratio of -2.56, a quick ratio of 1.24 and a current ratio of 1.35.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.06. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Motorola Solutions had a negative net margin of 2.43% and a negative return on equity of 75.81%. Motorola Solutions’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company posted $2.03 earnings per share. equities research analysts forecast that Motorola Solutions will post 6.3 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 15th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.00%. Motorola Solutions’s payout ratio is currently 40.00%.

TRADEMARK VIOLATION WARNING: This news story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/04/07/motorola-solutions-msi-given-consensus-rating-of-buy-by-analysts.html.

Motorola Solutions Company Profile

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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.

Leave a Reply