StockNews.com Upgrades Motorola Solutions (NYSE:MSI) to Buy

Motorola Solutions (NYSE:MSI) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

MSI has been the topic of a number of other research reports. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Up 2.9 %

NYSE MSI opened at $438.48 on Tuesday. The business’s 50-day moving average is $464.68 and its 200 day moving average is $459.64. The stock has a market capitalization of $73.28 billion, a PE ratio of 47.56, a PEG ratio of 3.22 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions has a 1 year low of $318.20 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts forecast that Motorola Solutions will post 13.46 earnings per share for the current year.

Hedge Funds Weigh In On Motorola Solutions

Several institutional investors and hedge funds have recently modified their holdings of MSI. World Investment Advisors LLC raised its position in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares during the period. Versor Investments LP acquired a new position in Motorola Solutions in the 3rd quarter worth about $449,000. Groupama Asset Managment raised its holdings in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after purchasing an additional 46,731 shares during the period. Los Angeles Capital Management LLC boosted its position in Motorola Solutions by 8.5% during the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after purchasing an additional 32,157 shares in the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new stake in Motorola Solutions in the third quarter valued at approximately $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Company Profile

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.