Public Employees Retirement Association of Colorado Sells 656 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Public Employees Retirement Association of Colorado decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,378 shares of the communications equipment provider’s stock after selling 656 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Motorola Solutions were worth $10,344,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of MSI. Synergy Asset Management LLC bought a new stake in Motorola Solutions in the 4th quarter valued at about $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions in the 4th quarter valued at about $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions in the 4th quarter valued at about $30,000. Finally, Meeder Asset Management Inc. bought a new stake in Motorola Solutions in the 4th quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $430.85 on Tuesday. The company has a 50 day simple moving average of $422.77 and a 200 day simple moving average of $454.99. The stock has a market cap of $71.94 billion, a price-to-earnings ratio of 46.73, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

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

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.01%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MSI shares. JPMorgan Chase & Co. cut their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Morgan Stanley upped their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $515.25.

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.