Obermeyer Wealth Partners Has $979,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Obermeyer Wealth Partners lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 34.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,236 shares of the communications equipment provider's stock after selling 1,162 shares during the quarter. Obermeyer Wealth Partners' holdings in Motorola Solutions were worth $979,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC boosted its position in Motorola Solutions by 346.2% during the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 45 shares during the period. Meeder Asset Management Inc. bought a new stake in Motorola Solutions during the fourth quarter worth approximately $32,000. Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions during the fourth quarter worth approximately $34,000. Community Bank N.A. bought a new stake in Motorola Solutions during the first quarter worth approximately $32,000. Finally, Fort Vancouver Investment Management LLC bought a new stake in Motorola Solutions during the first quarter worth approximately $37,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE MSI traded up $2.50 during mid-day trading on Thursday, hitting $424.67. 258,016 shares of the stock were exchanged, compared to its average volume of 887,693. Motorola Solutions, Inc. has a twelve month low of $385.17 and a twelve month high of $507.82. The company has a market cap of $70.88 billion, a P/E ratio of 35.47, a PEG ratio of 3.62 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The stock's fifty day simple moving average is $417.42 and its two-hundred day simple moving average is $429.86.

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

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions's payout ratio is 36.39%.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer owned 804 shares of the company's stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.44% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

MSI has been the subject of a number of research analyst reports. Barclays cut their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. UBS Group initiated coverage on Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 price target for the company. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, JPMorgan Chase & Co. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $510.67.

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.