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

Carolina Wealth Advisors LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 337.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 477 shares of the communications equipment provider’s stock after acquiring an additional 368 shares during the period. Carolina Wealth Advisors LLC’s holdings in Motorola Solutions were worth $220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MSI. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the third quarter worth $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions in the second quarter worth $32,000. Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the third quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Motorola Solutions in the third quarter worth $33,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of analyst reports. Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley boosted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Down 0.2 %

Shares of NYSE MSI opened at $459.72 on Thursday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company’s 50 day moving average price is $478.34 and its 200-day moving average price is $446.78. Motorola Solutions, Inc. has a 52-week low of $314.08 and a 52-week high of $507.82. The company has a market capitalization of $76.83 billion, a P/E ratio of 50.35, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Equities analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a $1.09 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.

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.