Motorola Solutions (NYSE:MSI) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Motorola Solutions (NYSE:MSI) had its price objective lifted by Morgan Stanley from $495.00 to $505.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an equal weight rating on the communications equipment provider’s stock.

Other equities analysts also recently issued reports about the company. StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Down 6.2 %

Shares of NYSE MSI opened at $437.35 on Friday. Motorola Solutions has a 1 year low of $318.20 and a 1 year high of $507.82. The firm has a market cap of $73.09 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock’s 50-day simple moving average is $468.39 and its 200-day simple moving average is $458.26.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities analysts anticipate that Motorola Solutions will post 12.57 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Motorola Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in MSI. Creative Planning boosted its position in shares of Motorola Solutions by 9.4% during the third quarter. Creative Planning now owns 27,171 shares of the communications equipment provider’s stock worth $12,217,000 after buying an additional 2,324 shares during the period. Good Life Advisors LLC raised its holdings in Motorola Solutions by 17.1% during the third quarter. Good Life Advisors LLC now owns 1,240 shares of the communications equipment provider’s stock worth $558,000 after purchasing an additional 181 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in Motorola Solutions by 4.7% during the third quarter. Bleakley Financial Group LLC now owns 3,053 shares of the communications equipment provider’s stock worth $1,373,000 after purchasing an additional 138 shares in the last quarter. Marshall Financial Group LLC raised its holdings in Motorola Solutions by 1.8% during the third quarter. Marshall Financial Group LLC now owns 2,724 shares of the communications equipment provider’s stock worth $1,225,000 after purchasing an additional 49 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new stake in Motorola Solutions during the third quarter worth approximately $221,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.