Copeland Capital Management LLC Cuts Stake in Motorola Solutions, Inc. (NYSE:MSI)

Copeland Capital Management LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 34.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,019 shares of the communications equipment provider’s stock after selling 19,238 shares during the quarter. Copeland Capital Management LLC’s holdings in Motorola Solutions were worth $17,112,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Algert Global LLC boosted its position in Motorola Solutions by 75.7% during the second quarter. Algert Global LLC now owns 1,469 shares of the communications equipment provider’s stock valued at $567,000 after buying an additional 633 shares during the period. Sanctuary Advisors LLC purchased a new stake in Motorola Solutions during the 2nd quarter valued at about $5,021,000. Anchor Investment Management LLC grew its position in Motorola Solutions by 7.7% during the 2nd quarter. Anchor Investment Management LLC now owns 419 shares of the communications equipment provider’s stock worth $162,000 after acquiring an additional 30 shares during the last quarter. Centaurus Financial Inc. purchased a new position in Motorola Solutions in the 2nd quarter worth approximately $167,000. Finally, Czech National Bank lifted its position in Motorola Solutions by 6.9% in the third quarter. Czech National Bank now owns 33,987 shares of the communications equipment provider’s stock valued at $15,282,000 after purchasing an additional 2,205 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MSI. Morgan Stanley raised their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Barclays boosted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Price Performance

Shares of MSI stock opened at $468.89 on Friday. The stock has a market cap of $78.36 billion, a price-to-earnings ratio of 51.36, a PEG ratio of 3.41 and a beta of 1.01. The business’s fifty day moving average is $472.39 and its 200 day moving average is $453.54. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Research analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Motorola Solutions 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.