Teacher Retirement System of Texas Has $67.20 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Teacher Retirement System of Texas decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,386 shares of the communications equipment provider's stock after selling 7,462 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.09% of Motorola Solutions worth $67,202,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MSI. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the third quarter worth $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter valued at $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions in the fourth quarter valued at about $30,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Up 1.6 %

MSI traded up $6.78 during mid-day trading on Monday, hitting $429.49. The stock had a trading volume of 575,419 shares, compared to its average volume of 692,249. The stock's fifty day simple moving average is $446.45 and its 200-day simple moving average is $459.80. The firm has a market capitalization of $71.70 billion, a price-to-earnings ratio of 46.58, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

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Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays dropped their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. 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. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price 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.