Tandem Capital Management Corp ADV Has $2.16 Million Position in Motorola Solutions, Inc. $MSI

Tandem Capital Management Corp ADV boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 33.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,645 shares of the communications equipment provider’s stock after buying an additional 1,414 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Motorola Solutions were worth $2,164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new position in Motorola Solutions during the 3rd quarter worth about $25,000. United Community Bank lifted its holdings in Motorola Solutions by 81.3% during the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares during the period. Strategic Advocates LLC acquired a new position in Motorola Solutions during the 3rd quarter worth about $28,000. JPL Wealth Management LLC acquired a new position in Motorola Solutions during the 3rd quarter worth about $31,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in Motorola Solutions during the 3rd quarter worth about $33,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 1.3%

MSI stock opened at $439.50 on Tuesday. The stock’s 50 day simple moving average is $451.45 and its 200 day simple moving average is $418.61. 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 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The company has a market cap of $73.04 billion, a P/E ratio of 34.44, a price-to-earnings-growth ratio of 3.03 and a beta of 0.99.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the prior year, the business earned $4.04 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be paid a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is 37.93%.

Analyst Ratings Changes

Several research analysts have commented on the company. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Barclays boosted their price objective on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler reissued an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $502.50.

Insider Buying and Selling

In related news, Director Kenneth D. Denman sold 434 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $470.12, for a total transaction of $204,032.08. Following the transaction, the director directly owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. This represents a 5.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory Q. Brown sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $468.09, for a total value of $23,404,500.00. Following the transaction, the chief executive officer directly owned 47,167 shares in the company, valued at approximately $22,078,401.03. This trade represents a 51.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 129,069 shares of company stock valued at $60,779,964. 1.28% of the stock is owned by company insiders.

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.