Motorola Solutions, Inc. $MSI Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. lessened its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 2.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 122,313 shares of the communications equipment provider’s stock after selling 3,488 shares during the quarter. Motorola Solutions accounts for 3.4% of Compass Capital Management Inc.’s holdings, making the stock its 11th biggest position. Compass Capital Management Inc.’s holdings in Motorola Solutions were worth $54,548,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Valmark Advisers Inc. raised its holdings in shares of Motorola Solutions by 1.7% in the third quarter. Valmark Advisers Inc. now owns 1,177 shares of the communications equipment provider’s stock valued at $525,000 after purchasing an additional 20 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in Motorola Solutions by 6.6% during the third quarter. William Blair Investment Management LLC now owns 45,608 shares of the communications equipment provider’s stock worth $20,340,000 after purchasing an additional 2,842 shares during the last quarter. Money Concepts Capital Corp boosted its holdings in Motorola Solutions by 10.2% during the third quarter. Money Concepts Capital Corp now owns 6,484 shares of the communications equipment provider’s stock worth $2,891,000 after purchasing an additional 601 shares during the last quarter. Allworth Financial LP grew its position in Motorola Solutions by 9.3% in the third quarter. Allworth Financial LP now owns 7,993 shares of the communications equipment provider’s stock valued at $3,319,000 after purchasing an additional 678 shares in the last quarter. Finally, Maryland State Retirement & Pension System grew its position in Motorola Solutions by 15.5% in the third quarter. Maryland State Retirement & Pension System now owns 10,289 shares of the communications equipment provider’s stock valued at $4,589,000 after purchasing an additional 1,379 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.2%

MSI stock opened at $531.50 on Friday. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $548.28. The business’s 50 day simple moving average is $472.72 and its 200 day simple moving average is $445.13. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 3.03. The firm has a market capitalization of $87.87 billion, a PE ratio of 42.76, a PEG ratio of 2.85 and a beta of 0.86.

Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter last year, the firm posted $4.06 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 16.08 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were paid a $1.21 dividend. The ex-dividend date was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 0.9%. Motorola Solutions’s dividend payout ratio is 38.94%.

Top Motorola Solutions Stories

Here are a few of the latest stories about MSI:

Insider Transactions at Motorola Solutions

In other news, SVP James A. Niewiara sold 2,086 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $522.35, for a total value of $1,089,622.10. Following the transaction, the senior vice president owned 18,398 shares of the company’s stock, valued at approximately $9,610,195.30. This represents a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jason J. Winkler sold 9,609 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $513.06, for a total value of $4,929,993.54. Following the transaction, the chief financial officer owned 11,319 shares in the company, valued at approximately $5,807,326.14. This trade represents a 45.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 221,418 shares of company stock worth $114,247,736. 1.28% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MSI shares. Zacks Research downgraded shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Weiss Ratings downgraded Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Truist Financial lifted their target price on Motorola Solutions from $550.00 to $555.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. Morgan Stanley reiterated an “overweight” rating and set a $476.00 target price (up from $470.00) on shares of Motorola Solutions in a report on Thursday, August 6th. Finally, Bank of America reissued a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $545.70.

Get Our Latest Stock Report on MSI

Motorola Solutions Company Profile

(Free Report)

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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