Motorola Solutions, Inc. $MSI Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 34,753 shares of the communications equipment provider’s stock after selling 1,657 shares during the period. Copeland Capital Management LLC’s holdings in Motorola Solutions were worth $15,893,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Valeo Financial Advisors LLC grew its position in shares of Motorola Solutions by 2.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock valued at $397,000 after acquiring an additional 21 shares during the period. Advisors Capital Management LLC boosted its position in Motorola Solutions by 1.0% during the second quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock worth $1,031,000 after purchasing an additional 24 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Motorola Solutions by 0.3% in the second quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock valued at $3,833,000 after purchasing an additional 24 shares during the period. IFC Advisors LLC grew its holdings in Motorola Solutions by 0.6% in the second quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock valued at $1,700,000 after purchasing an additional 25 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC increased its position in shares of Motorola Solutions by 3.7% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 701 shares of the communications equipment provider’s stock valued at $295,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Motorola Solutions in a research report on Monday, December 22nd. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective on the stock in a report on Monday, December 1st. Barclays dropped their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Piper Sandler restated a “neutral” rating and set a $465.00 price target (down previously from $495.00) on shares of Motorola Solutions in a research report on Friday, October 31st. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $495.00.

Motorola Solutions Trading Up 0.0%

Shares of MSI stock opened at $377.21 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. The stock’s fifty day moving average is $387.17 and its two-hundred day moving average is $425.20. The firm has a market capitalization of $62.82 billion, a P/E ratio of 30.27, a PEG ratio of 3.00 and a beta of 1.00.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business earned $3.74 earnings per share. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be paid a $1.21 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Monday, December 15th. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. Motorola Solutions’s dividend payout ratio is 38.84%.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.