Motorola Solutions (NYSE:MSI) Stock Rating Upgraded by StockNews.com

Motorola Solutions (NYSE:MSI) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Thursday.

MSI has been the topic of a number of other reports. Barclays reduced their price objective 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. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $421.38 on Thursday. The stock has a market cap of $70.36 billion, a price-to-earnings ratio of 45.70, a P/E/G ratio of 3.82 and a beta of 0.94. The stock’s 50-day moving average is $427.53 and its 200 day moving average is $456.76. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions has a 1-year low of $332.98 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced 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 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. On average, sell-side analysts anticipate that Motorola Solutions will post 13.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Motorola Solutions by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after purchasing an additional 310,919 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock worth $1,933,360,000 after buying an additional 451,172 shares during the period. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $1,528,949,000. FMR LLC grew its holdings in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after acquiring an additional 334,639 shares during the period. Finally, Norges Bank purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $1,073,645,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

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.