Vaughan Nelson Investment Management L.P. Trims Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Vaughan Nelson Investment Management L.P. decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,865 shares of the communications equipment provider’s stock after selling 1,090 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Motorola Solutions were worth $19,475,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. DekaBank Deutsche Girozentrale grew its position in shares of Motorola Solutions by 2.2% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after purchasing an additional 17,807 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Motorola Solutions by 15.6% during the fourth quarter. Corient Private Wealth LLC now owns 24,237 shares of the communications equipment provider’s stock worth $7,589,000 after purchasing an additional 3,278 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Motorola Solutions by 29.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 20,036 shares of the communications equipment provider’s stock worth $6,273,000 after purchasing an additional 4,594 shares in the last quarter. Capital International Sarl grew its position in shares of Motorola Solutions by 13.8% during the fourth quarter. Capital International Sarl now owns 57,227 shares of the communications equipment provider’s stock worth $17,917,000 after purchasing an additional 6,918 shares in the last quarter. Finally, Bank of Nova Scotia grew its position in shares of Motorola Solutions by 430.5% during the fourth quarter. Bank of Nova Scotia now owns 90,543 shares of the communications equipment provider’s stock worth $28,347,000 after purchasing an additional 73,477 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on MSI. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a report on Monday, June 3rd. Barclays raised their price target on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Finally, Evercore ISI initiated coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. One analyst has rated the stock with a hold rating and eight have assigned 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 $358.86.

Insider Buying and Selling

In related news, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at approximately $3,341,487.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares in the company, valued at $4,650,156.74. The disclosure for this sale can be found here. In the last three months, insiders sold 9,389 shares of company stock valued at $3,446,461. Insiders own 1.26% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $386.76 on Wednesday. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $391.65. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a market capitalization of $64.51 billion, a price-to-earnings ratio of 47.81, a PEG ratio of 3.38 and a beta of 0.94. The business has a 50 day simple moving average of $366.44 and a 200-day simple moving average of $342.78.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.29. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.34 billion. Equities analysts forecast that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s dividend payout ratio is currently 48.45%.

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.