Cooper Investors PTY Ltd. Makes New $836,000 Investment in Motorola Solutions, Inc. $MSI

Cooper Investors PTY Ltd. purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,829 shares of the communications equipment provider’s stock, valued at approximately $836,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signature Resources Capital Management LLC acquired a new stake in shares of Motorola Solutions during the second quarter worth $25,000. Saudi Central Bank bought a new position in Motorola Solutions during the 1st quarter worth about $29,000. Whipplewood Advisors LLC increased its holdings in Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 55 shares in the last quarter. Rossby Financial LCC raised its stake in shares of Motorola Solutions by 148.6% in the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after purchasing an additional 52 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Motorola Solutions in the second quarter valued at about $39,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

NYSE MSI opened at $376.27 on Friday. The firm has a market capitalization of $62.67 billion, a P/E ratio of 30.20, a price-to-earnings-growth ratio of 3.00 and a beta of 0.99. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. The firm’s fifty day moving average price is $389.96 and its two-hundred day moving average price is $425.49. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.21. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. Motorola Solutions’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.74 EPS. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be paid a $1.21 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, December 15th. Motorola Solutions’s dividend payout ratio is currently 38.84%.

Analyst Ratings Changes

Several research analysts have recently weighed in on MSI shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Motorola Solutions in a research report on Monday. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research note on Monday, December 1st. Barclays reduced their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Evercore ISI lifted their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Piper Sandler reissued a “neutral” rating and issued a $465.00 price objective (down previously from $495.00) on shares of Motorola Solutions in a research report on Friday, October 31st. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average target price of $495.00.

About Motorola Solutions

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.