California Public Employees Retirement System Reduces Position in Motorola Solutions, Inc. (NYSE:MSI)

California Public Employees Retirement System reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 746,432 shares of the communications equipment provider’s stock after selling 3,775 shares during the period. California Public Employees Retirement System owned about 0.45% of Motorola Solutions worth $345,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MSI. Schroder Investment Management Group lifted its holdings in Motorola Solutions by 19.7% during the 4th quarter. Schroder Investment Management Group now owns 799,208 shares of the communications equipment provider’s stock worth $369,418,000 after buying an additional 131,711 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock worth $291,922,000 after acquiring an additional 484,727 shares in the last quarter. Intrust Bank NA raised its position in shares of Motorola Solutions by 5.2% during the 4th quarter. Intrust Bank NA now owns 3,095 shares of the communications equipment provider’s stock worth $1,431,000 after acquiring an additional 153 shares in the last quarter. OneAscent Wealth Management LLC purchased a new stake in Motorola Solutions during the fourth quarter worth approximately $209,000. Finally, Allstate Corp acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $1,971,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.2 %

NYSE MSI opened at $433.38 on Friday. The firm’s fifty day moving average is $443.47 and its two-hundred day moving average is $459.45. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a market cap of $72.35 billion, a PE ratio of 47.00, a P/E/G 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 earnings per share 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 analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

MSI has been the topic of a number of research analyst reports. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.