Oregon Public Employees Retirement Fund Buys 84 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Oregon Public Employees Retirement Fund increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,315 shares of the communications equipment provider’s stock after buying an additional 84 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Motorola Solutions were worth $6,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. National Pension Service grew its stake in Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after buying an additional 87,722 shares during the last quarter. Lake Street Advisors Group LLC grew its stake in Motorola Solutions by 145.3% during the 4th quarter. Lake Street Advisors Group LLC now owns 3,635 shares of the communications equipment provider’s stock worth $1,684,000 after buying an additional 2,153 shares during the last quarter. Illinois Municipal Retirement Fund grew its stake in Motorola Solutions by 87.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 26,562 shares of the communications equipment provider’s stock worth $12,278,000 after buying an additional 12,426 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in Motorola Solutions by 16.4% during the 4th quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider’s stock worth $220,282,000 after buying an additional 67,143 shares during the last quarter. Finally, Amalgamated Bank grew its stake in Motorola Solutions by 3.0% during the 4th quarter. Amalgamated Bank now owns 38,356 shares of the communications equipment provider’s stock worth $17,729,000 after buying an additional 1,127 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSI has been the topic of several research analyst reports. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley boosted 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. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $425.72 on Thursday. The stock has a market cap of $71.07 billion, a PE ratio of 46.17, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The business has a 50-day simple moving average of $460.64 and a 200-day simple moving average of $460.33. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52-week low of $326.22 and a 52-week high of $507.82.

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

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

About Motorola Solutions

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.