Motorola Solutions (NYSE:MSI) Shares Down 1.7%

Motorola Solutions, Inc. (NYSE:MSIGet Free Report) traded down 1.7% during mid-day trading on Monday . The stock traded as low as $324.06 and last traded at $325.11. 48,094 shares traded hands during trading, a decline of 92% from the average session volume of 632,001 shares. The stock had previously closed at $330.89.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Friday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 price objective for the company. Barclays lifted their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. Finally, StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, November 11th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $328.29.

Read Our Latest Research Report on MSI

Motorola Solutions Price Performance

The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The company’s 50 day moving average is $319.31 and its 200 day moving average is $299.67. The stock has a market cap of $53.43 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 2.76 and a beta of 0.92.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.38 earnings per share. Research analysts forecast that Motorola Solutions, Inc. will post 11.63 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 15th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 1.22%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.88. The ex-dividend date was Thursday, December 14th. Motorola Solutions’s payout ratio is 39.48%.

Institutional Trading of Motorola Solutions

Institutional investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in Motorola Solutions by 1.3% in the 2nd quarter. State Street Corp now owns 7,019,371 shares of the communications equipment provider’s stock valued at $2,064,642,000 after acquiring an additional 88,158 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Motorola Solutions by 3.5% in the 1st quarter. Geode Capital Management LLC now owns 3,531,492 shares of the communications equipment provider’s stock valued at $1,008,362,000 after acquiring an additional 119,907 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Motorola Solutions by 1.9% during the second quarter. Alliancebernstein L.P. now owns 3,337,453 shares of the communications equipment provider’s stock valued at $978,808,000 after buying an additional 60,733 shares in the last quarter. FMR LLC lifted its stake in Motorola Solutions by 1.6% during the third quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock valued at $639,853,000 after buying an additional 37,718 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Motorola Solutions by 4.7% during the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after buying an additional 96,421 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

About Motorola Solutions

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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.

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