Motorola Solutions Inc. (NYSE:MSI) was upgraded by investment analysts at BMO Capital Markets to an “outperform” rating in a research report issued to clients and investors on Wednesday.

Several other research analysts also recently weighed in on the company. Citigroup Inc. initiated coverage on Motorola Solutions in a report on Monday, June 20th. They issued a “neutral” rating and a $73.00 price target for the company. Goldman Sachs Group Inc. upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $81.00 price target for the company in a report on Thursday, June 30th. Deutsche Bank AG set a $68.00 price target on Motorola Solutions and gave the company a “hold” rating in a report on Friday, August 5th. Credit Suisse Group AG reiterated a “buy” rating and issued a $80.00 price target on shares of Motorola Solutions in a report on Friday, August 5th. Finally, JPMorgan Chase & Co. reiterated a “hold” rating and issued a $72.00 price target on shares of Motorola Solutions in a report on Friday, August 5th. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Motorola Solutions currently has an average rating of “Hold” and an average price target of $73.13.

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

Motorola Solutions (NYSE:MSI) opened at 73.50 on Wednesday. The stock has a market capitalization of $12.25 billion, a price-to-earnings ratio of 25.93 and a beta of 0.48. Motorola Solutions has a 52-week low of $59.13 and a 52-week high of $78.99. The stock’s 50 day moving average price is $76.25 and its 200 day moving average price is $72.28.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.17. Motorola Solutions had a negative return on equity of 223.77% and a net margin of 9.04%. The firm earned $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the firm posted $0.68 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. On average, analysts forecast that Motorola Solutions will post $4.60 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $1.64 dividend on an annualized basis and a yield of 2.23%. Motorola Solutions’s dividend payout ratio (DPR) is 57.54%.

In other Motorola Solutions news, EVP Mark S. Hacker sold 4,620 shares of the company’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $76.94, for a total value of $355,462.80. Following the completion of the transaction, the executive vice president now directly owns 15,741 shares of the company’s stock, valued at approximately $1,211,112.54. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Bruce W. Brda sold 10,416 shares of the company’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $77.99, for a total transaction of $812,343.84. Following the completion of the transaction, the executive vice president now directly owns 25,703 shares of the company’s stock, valued at $2,004,576.97. The disclosure for this sale can be found here. Corporate insiders own 2.55% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Sadoff Investment Management LLC boosted its position in shares of Motorola Solutions by 0.5% in the third quarter. Sadoff Investment Management LLC now owns 418,546 shares of the company’s stock valued at $31,927,000 after buying an additional 2,175 shares during the last quarter. Exxonmobil Investment Management Inc. TX boosted its position in shares of Motorola Solutions by 3.5% in the third quarter. Exxonmobil Investment Management Inc. TX now owns 42,571 shares of the company’s stock valued at $3,247,000 after buying an additional 1,443 shares during the last quarter. Telemus Capital LLC boosted its position in shares of Motorola Solutions by 0.4% in the third quarter. Telemus Capital LLC now owns 3,419 shares of the company’s stock valued at $261,000 after buying an additional 14 shares during the last quarter. Chevy Chase Trust Holdings Inc. boosted its position in shares of Motorola Solutions by 2.5% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 139,754 shares of the company’s stock valued at $10,660,000 after buying an additional 3,396 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Motorola Solutions by 1.4% in the third quarter. BNP Paribas Arbitrage SA now owns 38,890 shares of the company’s stock valued at $2,967,000 after buying an additional 544 shares during the last quarter. 85.38% of the stock is owned by institutional investors.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. Its Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines, including Devices and Systems.

5 Day Chart for NYSE:MSI

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