Motorola Solutions (NYSE:MSI) Price Target Raised to $505.00 at Morgan Stanley

Motorola Solutions (NYSE:MSI) had its target price upped by Morgan Stanley from $495.00 to $505.00 in a research report released on Friday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the communications equipment provider’s stock.

MSI has been the topic of a number of other research reports. Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. 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 objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $437.35 on Friday. Motorola Solutions has a 1-year low of $318.20 and a 1-year high of $507.82. The company has a market capitalization of $73.09 billion, a P/E ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. The business has a 50 day moving average price of $468.39 and a 200 day moving average price of $458.26. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Sell-side analysts expect that Motorola Solutions will post 12.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Tradition Wealth Management LLC raised its position in Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after purchasing an additional 21 shares during the period. Fidelis Capital Partners LLC raised its position in Motorola Solutions by 1.0% in the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after purchasing an additional 22 shares during the period. Omnia Family Wealth LLC raised its position in Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares during the period. Center for Financial Planning Inc. raised its position in Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after purchasing an additional 25 shares during the period. Finally, Prestige Wealth Management Group LLC raised its position in Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after purchasing an additional 25 shares during the period. 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.