Westwood Holdings Group Inc. Decreases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Westwood Holdings Group Inc. trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 55,542 shares of the communications equipment provider’s stock after selling 606 shares during the period. Westwood Holdings Group Inc.’s holdings in Motorola Solutions were worth $25,673,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the 4th quarter worth $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the 4th quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions during the 4th quarter worth $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in Motorola Solutions during the 4th quarter worth $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MSI shares. Morgan Stanley upped 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 report on Friday, February 14th. JPMorgan Chase & Co. decreased their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Barclays decreased their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $513.25.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $425.26 on Tuesday. The firm has a market cap of $70.98 billion, a PE ratio of 46.12, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The firm’s 50-day simple moving average is $421.29 and its 200-day simple moving average is $450.08. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1 year low of $356.77 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Motorola Solutions’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.81 earnings per share. Equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is 36.39%.

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.