Copeland Capital Management LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 6.1% in the 1st quarter, HoldingsChannel reports. The fund owned 31,794 shares of the communications equipment provider’s stock after selling 2,054 shares during the quarter. Copeland Capital Management LLC’s holdings in Motorola Solutions were worth $13,798,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. CYBER HORNET ETFs LLC raised its position in shares of Motorola Solutions by 5.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 482 shares of the communications equipment provider’s stock worth $185,000 after acquiring an additional 24 shares in the last quarter. Orion Capital Management LLC boosted its holdings in Motorola Solutions by 46.3% in the fourth quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 25 shares in the last quarter. Lord & Richards Wealth Management LLC boosted its holdings in Motorola Solutions by 2.0% in the first quarter. Lord & Richards Wealth Management LLC now owns 1,285 shares of the communications equipment provider’s stock valued at $558,000 after purchasing an additional 25 shares in the last quarter. Mill Capital Management LLC increased its stake in Motorola Solutions by 0.9% in the fourth quarter. Mill Capital Management LLC now owns 2,935 shares of the communications equipment provider’s stock valued at $1,125,000 after purchasing an additional 25 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its stake in Motorola Solutions by 4.5% in the fourth quarter. Bridges Investment Management Inc. now owns 604 shares of the communications equipment provider’s stock valued at $232,000 after purchasing an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Motorola Solutions Trading Down 0.2%
MSI opened at $413.26 on Friday. The firm has a market cap of $68.60 billion, a price-to-earnings ratio of 33.30, a price-to-earnings-growth ratio of 2.88 and a beta of 0.88. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22. The business’s 50 day moving average is $407.97 and its two-hundred day moving average is $423.52. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 3.28.
Motorola Solutions Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th were given a $1.21 dividend. The ex-dividend date was Wednesday, June 17th. This represents a $4.84 annualized dividend and a yield of 1.2%. Motorola Solutions’s dividend payout ratio is 39.00%.
Analyst Ratings Changes
MSI has been the subject of several recent analyst reports. Evercore restated an “outperform” rating on shares of Motorola Solutions in a research report on Monday, June 1st. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Raymond James Financial reiterated an “outperform” rating and set a $530.00 price target on shares of Motorola Solutions in a research note on Friday, May 8th. Truist Financial reduced their price target on shares of Motorola Solutions from $540.00 to $525.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Barclays upped their price objective on shares of Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $504.67.
Get Our Latest Stock Report on Motorola Solutions
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.
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