Copeland Capital Management LLC Has $25.30 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Copeland Capital Management LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,257 shares of the communications equipment provider’s stock after selling 2,300 shares during the period. Copeland Capital Management LLC’s holdings in Motorola Solutions were worth $25,295,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions in the 2nd quarter worth about $25,000. Beacon Capital Management LLC increased its stake in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 28 shares during the period. LRI Investments LLC raised its holdings in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in Motorola Solutions during the 2nd quarter worth approximately $29,000. Finally, Crewe Advisors LLC bought a new stake in Motorola Solutions during the 1st quarter worth approximately $28,000. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of recent research reports. Evercore ISI lifted their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Barclays lifted their target price on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Bank of America increased their price target on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Finally, Jefferies Financial Group raised their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus target price of $466.17.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the sale, the chief operating officer now owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Trading Up 0.4 %

Shares of MSI stock opened at $477.12 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $271.73 and a fifty-two week high of $480.28. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a 50 day simple moving average of $444.27 and a two-hundred day simple moving average of $398.21. The company has a market cap of $79.58 billion, a P/E ratio of 58.98, a PEG ratio of 4.07 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. Motorola Solutions’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.41 EPS. Research analysts forecast that Motorola Solutions, Inc. will post 12.22 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.82%. Motorola Solutions’s dividend payout ratio is presently 48.45%.

Motorola Solutions Company 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.