Raub Brock Capital Management LP Has $16.16 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Raub Brock Capital Management LP lowered its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,901 shares of the communications equipment provider's stock after selling 1,293 shares during the quarter. Motorola Solutions comprises approximately 3.6% of Raub Brock Capital Management LP's investment portfolio, making the stock its 15th biggest holding. Raub Brock Capital Management LP's holdings in Motorola Solutions were worth $16,155,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Center for Financial Planning Inc. lifted its stake in shares of Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after purchasing an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC lifted its position in Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after acquiring an additional 25 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after acquiring an additional 25 shares during the last quarter. Clark Capital Management Group Inc. lifted its position in Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock worth $294,000 after acquiring an additional 26 shares during the last quarter. Finally, Wesbanco Bank Inc. lifted its position in Motorola Solutions by 2.0% during the 1st quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock worth $576,000 after acquiring an additional 26 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded down $5.49 on Friday, hitting $407.58. 718,101 shares of the company were exchanged, compared to its average volume of 810,629. The company's 50 day moving average price is $418.94 and its two-hundred day moving average price is $441.40. Motorola Solutions, Inc. has a one year low of $370.00 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a market capitalization of $68.03 billion, a price-to-earnings ratio of 44.21, a PEG ratio of 3.82 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 EPS. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions's payout ratio is currently 36.39%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MSI shares. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Barclays cut their target price 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. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut their target price 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. Finally, 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 report on Friday, February 14th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $513.25.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer now directly owns 804 shares of the company's stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.44% of the stock is currently owned by insiders.

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.