Carolina Wealth Advisors LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Carolina Wealth Advisors LLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 290.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,864 shares of the communications equipment provider's stock after buying an additional 1,387 shares during the period. Carolina Wealth Advisors LLC's holdings in Motorola Solutions were worth $816,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSI. Raymond James Financial Inc. bought a new position in Motorola Solutions in the 4th quarter valued at $1,528,949,000. Norges Bank bought a new position in Motorola Solutions in the 4th quarter valued at $1,073,645,000. GAMMA Investing LLC grew its position in Motorola Solutions by 43,787.3% in the 1st quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after acquiring an additional 1,081,984 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after acquiring an additional 484,727 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after acquiring an additional 451,172 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.7%

Shares of MSI traded up $2.85 during midday trading on Friday, reaching $418.12. 908,372 shares of the stock were exchanged, compared to its average volume of 816,410. Motorola Solutions, Inc. has a 52 week low of $384.51 and a 52 week high of $507.82. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. The company's 50 day moving average is $417.48 and its two-hundred day moving average is $435.42. The company has a market capitalization of $69.79 billion, a P/E ratio of 34.90, a PEG ratio of 3.60 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 EPS. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

Analysts Set New Price Targets

Several equities analysts have commented on MSI shares. Barclays cut their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Motorola Solutions presently has an average rating of "Moderate Buy" and an average target price of $513.25.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.44% of the stock is currently owned by company insiders.

Motorola Solutions Company Profile

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.