New York State Teachers Retirement System Has $65.27 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

New York State Teachers Retirement System lessened its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,208 shares of the communications equipment provider’s stock after selling 1,233 shares during the period. New York State Teachers Retirement System’s holdings in Motorola Solutions were worth $65,271,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $31,000. Finally, Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 6.2 %

MSI stock opened at $437.35 on Friday. Motorola Solutions, Inc. has a twelve month low of $318.20 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s 50 day moving average is $468.39 and its 200-day moving average is $458.26. The firm has a market capitalization of $73.09 billion, a PE ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSI shares. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

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.