Securian Asset Management Inc. Sells 236 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Securian Asset Management Inc. trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,035 shares of the communications equipment provider’s stock after selling 236 shares during the quarter. Securian Asset Management Inc.’s holdings in Motorola Solutions were worth $4,176,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC bought a new position in Motorola Solutions in the third quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions in the fourth quarter valued at approximately $30,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price objective 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. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley boosted 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 note on Friday, February 14th. Finally, Barclays decreased 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. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $413.42 on Thursday. The firm has a market cap of $69.01 billion, a PE ratio of 44.84, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The firm’s fifty day moving average is $451.80 and its 200-day moving average is $460.45. 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 52 week low of $332.98 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

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.