Katamaran Capital LLP Has $1.45 Million Holdings in Motorola Solutions, Inc. $MSI

Katamaran Capital LLP lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 68.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,180 shares of the communications equipment provider’s stock after selling 6,902 shares during the period. Motorola Solutions accounts for 1.3% of Katamaran Capital LLP’s holdings, making the stock its 25th largest holding. Katamaran Capital LLP’s holdings in Motorola Solutions were worth $1,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Orion Capital Management LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at $25,000. United Community Bank increased its position in Motorola Solutions by 81.3% in the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in Motorola Solutions during the third quarter valued at approximately $33,000. Whipplewood Advisors LLC lifted its position in Motorola Solutions by 289.5% in the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 55 shares during the last quarter. Finally, Field & Main Bank bought a new stake in shares of Motorola Solutions in the third quarter valued at about $35,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the subject of several analyst reports. Barclays decreased their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, January 27th. Piper Sandler upgraded shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and cut their price objective for the company from $465.00 to $443.00 in a research report on Monday, January 5th. Finally, 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 research report on Monday, December 1st. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $491.86.

Motorola Solutions Stock Up 0.1%

Shares of NYSE MSI opened at $422.68 on Tuesday. The stock’s fifty day moving average is $386.86 and its 200 day moving average is $420.93. The stock has a market capitalization of $70.40 billion, a P/E ratio of 33.92, a PEG ratio of 3.15 and a beta of 1.00. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were paid a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, December 15th. Motorola Solutions’s payout ratio is 38.84%.

Motorola Solutions 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.