Copeland Capital Management LLC Sells 3,329 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Copeland Capital Management LLC lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,341 shares of the communications equipment provider's stock after selling 3,329 shares during the quarter. Copeland Capital Management LLC's holdings in Motorola Solutions were worth $16,387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSI. Norges Bank acquired a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $470,994,000. Ameriprise Financial Inc. raised its position in shares of Motorola Solutions by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider's stock worth $324,614,000 after purchasing an additional 482,023 shares during the period. Zurich Insurance Group Ltd FI raised its position in shares of Motorola Solutions by 527.0% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 361,210 shares of the communications equipment provider's stock worth $105,936,000 after purchasing an additional 303,604 shares during the period. First Trust Advisors LP raised its position in shares of Motorola Solutions by 216.7% during the 1st quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider's stock worth $105,393,000 after purchasing an additional 297,740 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $77,388,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSI. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. Barclays raised their target price on Motorola Solutions from $333.00 to $352.00 and gave the company an "overweight" rating in a research report on Tuesday, January 2nd. Evercore ISI started coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an "outperform" rating and a $400.00 target price on the stock. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Motorola Solutions in a research report on Friday, January 19th. They issued a "buy" rating and a $350.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $337.25.

Motorola Solutions Price Performance

NYSE MSI traded up $1.57 on Friday, reaching $354.98. 705,394 shares of the stock traded hands, compared to its average volume of 632,127. The firm's fifty day simple moving average is $333.22 and its 200 day simple moving average is $312.48. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The company has a market cap of $58.96 billion, a price-to-earnings ratio of 35.75, a P/E/G ratio of 3.28 and a beta of 0.90. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm's quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the company posted $3.38 EPS. As a group, research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Thursday, March 14th. Motorola Solutions's dividend payout ratio is presently 39.48%.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the firm's stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company's stock, valued at approximately $2,961,229.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company's stock.

About Motorola Solutions

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.