Teacher Retirement System of Texas Has $44.78 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Teacher Retirement System of Texas lessened its holdings in Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 9.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 184,885 shares of the communications equipment provider’s stock after selling 19,185 shares during the period. Teacher Retirement System of Texas’ holdings in Motorola Solutions were worth $44,779,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC bought a new position in shares of Motorola Solutions during the 4th quarter worth about $1,139,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Motorola Solutions by 3.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 36,655 shares of the communications equipment provider’s stock worth $9,959,000 after purchasing an additional 1,198 shares during the period. FDx Advisors Inc. increased its stake in Motorola Solutions by 147.8% in the fourth quarter. FDx Advisors Inc. now owns 3,492 shares of the communications equipment provider’s stock valued at $949,000 after acquiring an additional 2,083 shares during the period. Pinnacle Financial Partners Inc. increased its stake in Motorola Solutions by 38.3% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 1,548 shares of the communications equipment provider’s stock valued at $420,000 after acquiring an additional 429 shares during the period. Finally, AGF Investments Inc. increased its stake in Motorola Solutions by 177.5% in the fourth quarter. AGF Investments Inc. now owns 8,222 shares of the communications equipment provider’s stock valued at $2,234,000 after acquiring an additional 5,259 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $250.21 on Friday. The company has a 50 day moving average price of $217.66 and a two-hundred day moving average price of $222.26. Motorola Solutions, Inc. has a 52 week low of $195.18 and a 52 week high of $273.65. The company has a market capitalization of $41.86 billion, a PE ratio of 36.11, a PEG ratio of 2.96 and a beta of 0.92.

Motorola Solutions (NYSE:MSIGet Rating) last released its earnings results on Thursday, August 4th. The communications equipment provider reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.20. The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.06 billion. Motorola Solutions had a net margin of 14.22% and a negative return on equity of 752.91%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.94 earnings per share. On average, sell-side analysts forecast that Motorola Solutions, Inc. will post 9.01 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, June 15th were paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Tuesday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is 45.60%.

Insiders Place Their Bets

In other Motorola Solutions news, CEO Gregory Q. Brown sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $219.75, for a total value of $5,493,750.00. Following the transaction, the chief executive officer now directly owns 35,348 shares of the company’s stock, valued at approximately $7,767,723. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Credit Suisse Group upped their target price on shares of Motorola Solutions from $290.00 to $295.00 and gave the company an “outperform” rating in a research note on Wednesday, June 22nd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Friday. Loop Capital began coverage on shares of Motorola Solutions in a research note on Monday, April 25th. They set a “buy” rating and a $295.00 price objective on the stock. Finally, Morgan Stanley raised shares of Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 price objective on the stock in a research note on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $282.75.

Motorola Solutions Company Profile

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Motorola Solutions, Inc provides mission critical communications and analytics 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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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