Vaughan Nelson Investment Management L.P. Sells 2,335 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Vaughan Nelson Investment Management L.P. decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,765 shares of the communications equipment provider’s stock after selling 2,335 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Motorola Solutions were worth $23,926,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MSI. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the third quarter worth $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions in the third quarter worth $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI opened at $479.40 on Monday. The company has a market capitalization of $80.12 billion, a P/E ratio of 52.51, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $314.84 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 firm has a 50 day moving average of $470.40 and a 200 day moving average of $456.45.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.91%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analyst Ratings Changes

A number of analysts have recently commented on MSI shares. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Morgan Stanley upped their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $504.88.

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.