Analysts at JPMorgan Chase & Co. assumed coverage on shares of Motorola Solutions (NYSE:MSI) in a research report issued on Friday, MarketBeat.com reports. The firm set a “neutral” rating on the communications equipment provider’s stock.

Several other brokerages also recently issued reports on MSI. Zacks Investment Research downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Citigroup upped their price objective on Motorola Solutions from $112.00 to $120.00 and gave the company a “buy” rating in a research report on Monday. Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Friday, January 12th. Finally, Jefferies Group increased their target price on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Motorola Solutions presently has a consensus rating of “Buy” and an average target price of $102.10.

Shares of Motorola Solutions (NYSE:MSI) traded up $0.39 during trading hours on Friday, hitting $99.13. The stock had a trading volume of 3,309,502 shares, compared to its average volume of 1,437,420. The company has a debt-to-equity ratio of -2.56, a current ratio of 1.35 and a quick ratio of 1.24. Motorola Solutions has a twelve month low of $77.23 and a twelve month high of $107.78. The stock has a market capitalization of $15,910.00, a P/E ratio of -92.64, a P/E/G ratio of 2.03 and a beta of 0.40.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.06. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the business earned $2.03 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. sell-side analysts forecast that Motorola Solutions will post 6.31 EPS for the current year.

In related news, CEO Gregory Q. Brown sold 75,019 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $90.91, for a total transaction of $6,819,977.29. Following the transaction, the chief executive officer now directly owns 183,312 shares in the company, valued at $16,664,893.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO John K. Wozniak sold 45,577 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $104.90, for a total value of $4,781,027.30. Following the transaction, the chief accounting officer now owns 20,099 shares in the company, valued at $2,108,385.10. The disclosure for this sale can be found here. Insiders have sold 1,375,837 shares of company stock worth $54,195,434 over the last quarter. 2.50% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thrivent Financial For Lutherans increased its stake in Motorola Solutions by 2.3% during the second quarter. Thrivent Financial For Lutherans now owns 6,290 shares of the communications equipment provider’s stock worth $545,000 after acquiring an additional 140 shares during the last quarter. New Mexico Educational Retirement Board increased its stake in Motorola Solutions by 3.3% during the fourth quarter. New Mexico Educational Retirement Board now owns 15,653 shares of the communications equipment provider’s stock worth $1,414,000 after acquiring an additional 500 shares during the last quarter. First Manhattan Co. increased its stake in Motorola Solutions by 2.2% during the fourth quarter. First Manhattan Co. now owns 25,890 shares of the communications equipment provider’s stock worth $2,338,000 after acquiring an additional 564 shares during the last quarter. Cibc Bank USA increased its stake in Motorola Solutions by 9.1% during the fourth quarter. Cibc Bank USA now owns 7,612 shares of the communications equipment provider’s stock worth $688,000 after acquiring an additional 637 shares during the last quarter. Finally, CIBC Asset Management Inc increased its stake in Motorola Solutions by 2.5% during the fourth quarter. CIBC Asset Management Inc now owns 28,752 shares of the communications equipment provider’s stock worth $2,597,000 after acquiring an additional 709 shares during the last quarter. Hedge funds and other institutional investors own 87.89% of the company’s stock.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

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