Motorola Solutions (NYSE:MSI) Given New $527.00 Price Target at Barclays

Motorola Solutions (NYSE:MSI) had its price target lowered by Barclays from $529.00 to $527.00 in a research report released on Friday,Benzinga reports. Barclays currently has an overweight rating on the communications equipment provider’s stock.

Several other research firms have also recently commented on MSI. Bank of America raised their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Two equities research 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 has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Down 6.2 %

Motorola Solutions stock opened at $437.35 on Friday. Motorola Solutions has a twelve month low of $318.20 and a twelve month high of $507.82. The stock has a 50 day moving average of $468.39 and a two-hundred day moving average of $458.26. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a market capitalization of $73.09 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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, research analysts expect that Motorola Solutions will post 12.57 earnings per share for the current year.

Hedge Funds Weigh In On Motorola Solutions

Hedge funds have recently bought and sold shares of the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter worth $29,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the fourth quarter worth $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

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.