New Mexico Educational Retirement Board Sells 200 Shares of Motorola Solutions, Inc. (NYSE:MSI)

New Mexico Educational Retirement Board decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,003 shares of the communications equipment provider’s stock after selling 200 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Motorola Solutions were worth $3,699,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MSI. Synergy Asset Management LLC bought a new position in Motorola Solutions during the fourth quarter valued at about $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions during the third quarter valued at about $31,000. Finally, Planning Capital Management Corp bought a new position in Motorola Solutions during the third quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 6.2 %

Shares of Motorola Solutions stock opened at $437.35 on Friday. Motorola Solutions, Inc. has a 12-month low of $318.20 and a 12-month high of $507.82. The company has a market cap of $73.09 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 3.54 and a beta of 1.02. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company’s 50-day moving average price is $467.34 and its 200-day moving average price is $458.55.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. On average, equities analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Company 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.