Oppenheimer Asset Management Inc. Has $4 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Oppenheimer Asset Management Inc. lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,647 shares of the communications equipment provider’s stock after selling 496 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Motorola Solutions were worth $3,997,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the third quarter worth $29,000. Planning Capital Management Corp bought a new stake in Motorola Solutions in the 3rd quarter valued at $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions in the 3rd quarter worth $33,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $441.37 on Friday. The stock has a market capitalization of $73.68 billion, a PE ratio of 47.87, a P/E/G ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1-year low of $328.13 and a 1-year high of $507.82. The firm has a fifty day simple moving average of $459.38 and a 200 day simple moving average of $460.65. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data 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 firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 0.99%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Ratings Changes

MSI has been the topic of several recent research reports. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. 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 report on Tuesday, November 26th. Finally, Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.