Capital Fund Management S.A. Sells 20,168 Shares of Motorola Solutions, Inc. $MSI

Capital Fund Management S.A. reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 39.7% in the third quarter, Holdings Channel.com reports. The fund owned 30,684 shares of the communications equipment provider’s stock after selling 20,168 shares during the quarter. Capital Fund Management S.A.’s holdings in Motorola Solutions were worth $14,031,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Valeo Financial Advisors LLC grew its position in Motorola Solutions by 2.3% in the 2nd quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock valued at $397,000 after acquiring an additional 21 shares during the last quarter. Advisors Capital Management LLC lifted its position in shares of Motorola Solutions by 1.0% during the second quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock worth $1,031,000 after purchasing an additional 24 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Motorola Solutions by 0.3% during the second quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock valued at $3,833,000 after purchasing an additional 24 shares during the period. Rexford Capital Inc. boosted its stake in shares of Motorola Solutions by 0.6% during the third quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock valued at $1,780,000 after purchasing an additional 24 shares during the period. Finally, SageView Advisory Group LLC grew its holdings in shares of Motorola Solutions by 5.3% in the second quarter. SageView Advisory Group LLC now owns 498 shares of the communications equipment provider’s stock worth $214,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

MSI stock opened at $462.30 on Thursday. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The business has a 50-day moving average price of $425.74 and a 200 day moving average price of $422.91. The company has a market capitalization of $76.58 billion, a P/E ratio of 36.23, a PEG ratio of 3.25 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business earned $4.04 EPS. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be paid a dividend of $1.21 per share. The ex-dividend date is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is currently 37.93%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSI. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Piper Sandler restated an “overweight” rating and issued a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Monday, December 1st. Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Argus upgraded Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $497.14.

Insider Activity

In related news, CEO Cynthia Yazdi sold 7,000 shares of Motorola Solutions stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the transaction, the chief executive officer directly owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This trade represents a 42.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kenneth D. Denman sold 434 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $470.12, for a total transaction of $204,032.08. Following the completion of the transaction, the director directly owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This trade represents a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 129,069 shares of company stock worth $60,779,964. Corporate insiders own 1.44% of the company’s stock.

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.