California State Teachers Retirement System Trims Holdings in Motorola Solutions, Inc. (NYSE:MSI)

California State Teachers Retirement System trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,373 shares of the communications equipment provider’s stock after selling 7,865 shares during the quarter. California State Teachers Retirement System owned 0.16% of Motorola Solutions worth $124,975,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter worth about $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.1 %

Shares of NYSE:MSI opened at $430.85 on Tuesday. The business’s 50 day simple moving average is $422.77 and its 200 day simple moving average is $454.99. The company has a market capitalization of $71.94 billion, a P/E ratio of 46.73, a P/E/G ratio of 3.82 and a beta of 0.94. 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, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages recently commented on MSI. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. JPMorgan Chase & Co. cut their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Morgan Stanley raised their target price 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. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.