Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, Holdings Channel reports. The firm owned 145,386 shares of the communications equipment provider’s stock after selling 7,462 shares during the quarter. Teacher Retirement System of Texas’ holdings in Motorola Solutions were worth $67,202,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $29,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the third quarter worth about $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions during the 4th quarter valued at about $30,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.5 %

NYSE:MSI opened at $423.82 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The stock’s fifty day moving average is $447.89 and its two-hundred day moving average is $459.90. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market capitalization of $70.75 billion, a price-to-earnings ratio of 45.97, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MSI shares. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions 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.