TIAA Trust National Association Acquires 5,965 Shares of Motorola Solutions, Inc. (NYSE:MSI)

TIAA Trust National Association boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 19.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,997 shares of the communications equipment provider’s stock after acquiring an additional 5,965 shares during the quarter. TIAA Trust National Association’s holdings in Motorola Solutions were worth $16,639,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the 4th quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the 3rd quarter worth $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the 4th quarter valued at $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.0 %

Motorola Solutions stock opened at $429.18 on Wednesday. The firm has a market capitalization of $71.65 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03. The company’s 50 day simple moving average is $445.27 and its 200 day simple moving average is $459.73. 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 fifty-two week low of $332.98 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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 return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently 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.