Teza Capital Management LLC Decreases Position in Motorola Solutions, Inc. (NYSE:MSI)

Teza Capital Management LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 81.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,097 shares of the communications equipment provider's stock after selling 9,473 shares during the period. Teza Capital Management LLC's holdings in Motorola Solutions were worth $969,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MSI. Center for Financial Planning Inc. increased its stake in Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after purchasing an additional 25 shares during the period. Prestige Wealth Management Group LLC grew its holdings in shares of Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after buying an additional 25 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after acquiring an additional 25 shares during the period. Wesbanco Bank Inc. increased its position in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock valued at $596,000 after acquiring an additional 26 shares during the period. Finally, Clark Capital Management Group Inc. raised its stake in Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of MSI stock traded down $4.75 during midday trading on Thursday, reaching $421.69. 623,782 shares of the company traded hands, compared to its average volume of 787,709. The firm's 50 day simple moving average is $421.64 and its two-hundred day simple moving average is $449.73. The firm has a market cap of $70.39 billion, a PE ratio of 45.74, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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 $356.77 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.81 earnings per share. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions's dividend payout ratio is presently 36.39%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Barclays cut their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Finally, Morgan Stanley lifted their target price 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. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions 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.