Deutsche Bank Aktiengesellschaft Boosts Motorola Solutions (NYSE:MSI) Price Target to $375.00

Motorola Solutions (NYSE:MSI) had its price target hoisted by Deutsche Bank Aktiengesellschaft from $355.00 to $375.00 in a research note published on Monday morning, Benzinga reports. They currently have a buy rating on the communications equipment provider’s stock.

A number of other equities analysts also recently commented on MSI. William Blair reaffirmed an outperform rating on shares of Motorola Solutions in a report on Friday, February 9th. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $400.00 to $405.00 and gave the company an overweight rating in a report on Friday, May 3rd. Barclays increased their target price on Motorola Solutions from $362.00 to $372.00 and gave the stock an overweight rating in a report on Friday, May 3rd. StockNews.com raised Motorola Solutions from a hold rating to a buy rating in a research note on Monday, February 12th. Finally, Evercore ISI assumed coverage on Motorola Solutions in a research note on Monday, March 25th. They set an outperform rating and a $400.00 price objective for the company. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of $357.43.

Motorola Solutions Stock Up 0.2 %

NYSE MSI opened at $359.02 on Monday. Motorola Solutions has a twelve month low of $269.64 and a twelve month high of $361.68. The stock has a market cap of $59.88 billion, a PE ratio of 44.38, a PEG ratio of 3.27 and a beta of 0.91. The firm has a 50-day simple moving average of $344.39 and a 200 day simple moving average of $325.32. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. Motorola Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $3.38 EPS. On average, research analysts forecast that Motorola Solutions will post 11.74 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Insider Activity

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Capital World Investors raised its position in shares of Motorola Solutions by 0.4% during the fourth quarter. Capital World Investors now owns 12,176,768 shares of the communications equipment provider’s stock worth $3,812,424,000 after acquiring an additional 44,279 shares during the last quarter. FMR LLC raised its holdings in Motorola Solutions by 1.6% during the 3rd quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock worth $639,853,000 after purchasing an additional 37,718 shares during the last quarter. Raymond James & Associates lifted its position in Motorola Solutions by 3.8% during the 1st quarter. Raymond James & Associates now owns 2,237,587 shares of the communications equipment provider’s stock valued at $794,299,000 after purchasing an additional 81,990 shares during the period. Norges Bank acquired a new position in Motorola Solutions during the 4th quarter valued at about $646,341,000. Finally, Invesco Ltd. boosted its stake in shares of Motorola Solutions by 0.4% in the 3rd quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock valued at $546,347,000 after purchasing an additional 8,514 shares during the last quarter. 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.