Barclays Cuts Motorola Solutions (NYSE:MSI) Price Target to $527.00

Motorola Solutions (NYSE:MSI) had its target price decreased by investment analysts at Barclays from $529.00 to $527.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the communications equipment provider’s stock. Barclays‘s price objective would suggest a potential upside of 20.50% from the stock’s previous close.

MSI has been the topic of a number of other reports. 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. Bank of America lifted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock 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 debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The firm has a 50 day moving average price of $467.34 and a 200 day moving average price of $458.55. The company has a market cap of $73.09 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Sell-side analysts predict that Motorola Solutions will post 12.57 earnings per share for the current year.

Institutional Investors Weigh In On Motorola Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning boosted its position in Motorola Solutions by 9.4% in the 3rd quarter. Creative Planning now owns 27,171 shares of the communications equipment provider’s stock valued at $12,217,000 after buying an additional 2,324 shares during the last quarter. Good Life Advisors LLC lifted its stake in shares of Motorola Solutions by 17.1% in the third quarter. Good Life Advisors LLC now owns 1,240 shares of the communications equipment provider’s stock worth $558,000 after acquiring an additional 181 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in Motorola Solutions by 4.7% in the third quarter. Bleakley Financial Group LLC now owns 3,053 shares of the communications equipment provider’s stock valued at $1,373,000 after purchasing an additional 138 shares during the last quarter. Marshall Financial Group LLC grew its stake in Motorola Solutions by 1.8% during the 3rd quarter. Marshall Financial Group LLC now owns 2,724 shares of the communications equipment provider’s stock valued at $1,225,000 after purchasing an additional 49 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in Motorola Solutions during the 3rd quarter worth approximately $221,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

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.