3,488 Motorola Solutions, Inc. $MSI Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. reduced its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,313 shares of the communications equipment provider’s stock after selling 3,488 shares during the period. Motorola Solutions comprises about 3.4% of Compass Capital Management Inc.’s holdings, making the stock its 11th largest position. Compass Capital Management Inc. owned approximately 0.07% of Motorola Solutions worth $54,548,000 at the end of the most recent reporting period.

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

Insider Activity

In related news, SVP James A. Niewiara sold 2,086 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $522.35, for a total value of $1,089,622.10. Following the sale, the senior vice president directly owned 18,398 shares in the company, valued at $9,610,195.30. This trade represents a 10.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO John P. Molloy sold 40,982 shares of Motorola Solutions stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $514.45, for a total transaction of $21,083,189.90. Following the transaction, the chief operating officer directly owned 69,330 shares in the company, valued at $35,666,818.50. The trade was a 37.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 221,418 shares of company stock valued at $114,247,736. Insiders own 1.28% of the company’s stock.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $531.50 on Friday. 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 quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 3.03. The stock has a market cap of $87.87 billion, a price-to-earnings ratio of 42.76, a P/E/G ratio of 2.85 and a beta of 0.86. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $548.28.

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

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were issued a dividend of $1.21 per share. 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 (DPR) is 38.94%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Bank of America reaffirmed a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Barclays increased their target price on shares of Motorola Solutions from $529.00 to $598.00 and gave the stock an “overweight” rating in a research report on Thursday, November 5th. Zacks Research downgraded shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Weiss Ratings lowered shares of Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Raymond James Financial raised their price objective on shares of Motorola Solutions from $530.00 to $550.00 in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and an average target price of $545.70.

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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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