Motorola Solutions (NYSE:MSI) Upgraded at StockNews.com

StockNews.com upgraded shares of Motorola Solutions (NYSE:MSI) from a hold rating to a buy rating in a report issued on Tuesday morning.

MSI has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America lifted 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 upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Performance

MSI stock opened at $434.53 on Tuesday. Motorola Solutions has a twelve month low of $321.99 and a twelve month high of $507.82. The firm has a market cap of $72.54 billion, a price-to-earnings ratio of 47.13, a PEG ratio of 3.41 and a beta of 1.02. The business’s fifty day simple moving average is $463.99 and its two-hundred day simple moving average is $459.47. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

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 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%. Analysts predict that Motorola Solutions will post 13.46 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions in the fourth quarter valued at $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter worth about $30,000. 84.17% of the stock is 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.