Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,525 shares of the communications equipment provider's stock after selling 791 shares during the period. Cerity Partners LLC's holdings in Motorola Solutions were worth $7,235,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. ORG Wealth Partners LLC increased its position in shares of Motorola Solutions by 346.2% during the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after acquiring an additional 45 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions in the fourth quarter worth $32,000. Community Bank N.A. bought a new position in shares of Motorola Solutions in the first quarter worth $32,000. Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions during the fourth quarter valued at $34,000. Finally, Fort Vancouver Investment Management LLC bought a new stake in Motorola Solutions during the first quarter valued at $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MSI shares. UBS Group started coverage on Motorola Solutions in a research report on Wednesday. They set a "buy" rating and a $490.00 price target on the stock. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wolfe Research started coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. Finally, JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $510.67.

Motorola Solutions Price Performance

Motorola Solutions stock traded up $7.44 during mid-day trading on Wednesday, reaching $416.17. 973,516 shares of the company's stock traded hands, compared to its average volume of 828,079. Motorola Solutions, Inc. has a 12-month low of $385.17 and a 12-month high of $507.82. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. The stock has a 50 day moving average of $416.42 and a two-hundred day moving average of $431.37. The company has a market cap of $69.47 billion, a price-to-earnings ratio of 34.74, a PEG ratio of 3.56 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The business's revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. Equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's payout ratio is currently 36.39%.

Insider Activity

In related news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the sale, the chief accounting officer directly owned 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.44% of the stock is currently owned by insiders.

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.