Public Employees Retirement Association of Colorado Sells 656 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Public Employees Retirement Association of Colorado lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,378 shares of the communications equipment provider's stock after selling 656 shares during the quarter. Public Employees Retirement Association of Colorado's holdings in Motorola Solutions were worth $10,344,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after acquiring an additional 310,919 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after buying an additional 451,172 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $1,528,949,000. FMR LLC lifted its position in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the period. Finally, Norges Bank bought a new position in Motorola Solutions during the fourth quarter worth $1,073,645,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

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 research report on Thursday, April 17th. JPMorgan Chase & Co. reduced their price objective on 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 increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Finally, Barclays decreased their price target 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 equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $515.25.

Motorola Solutions Stock Down 7.4 %

Shares of MSI stock traded down $32.43 on Friday, hitting $406.73. The stock had a trading volume of 2,340,568 shares, compared to its average volume of 774,034. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The business has a 50 day moving average of $423.19 and a 200 day moving average of $454.07. Motorola Solutions, Inc. has a 12-month low of $345.27 and a 12-month high of $507.82. The stock has a market cap of $67.91 billion, a price-to-earnings ratio of 44.11, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.29%.

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.