Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,535 shares of the communications equipment provider’s stock after selling 785 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Motorola Solutions were worth $16,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the 4th quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the 4th quarter valued at about $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 0.5 %

Shares of NYSE MSI opened at $422.10 on Friday. The company has a market capitalization of $70.46 billion, a P/E ratio of 45.78, a P/E/G ratio of 3.82 and a beta of 1.03. 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. The company has a 50 day simple moving average of $447.09 and a 200-day simple moving average of $459.64.

Motorola Solutions (NYSE:MSI) last posted 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 company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analyst Ratings Changes

A number of analysts have commented on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays cut their price objective 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. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.