Motorola Solutions, Inc. (NYSE:MSI) Stake Boosted by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,600 shares of the communications equipment provider's stock after buying an additional 878 shares during the quarter. Treasurer of the State of North Carolina owned 0.05% of Motorola Solutions worth $38,642,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter worth about $1,528,949,000. Norges Bank bought a new stake in Motorola Solutions in the fourth quarter valued at about $1,073,645,000. Arrowstreet Capital Limited Partnership lifted its holdings in Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after buying an additional 484,727 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after buying an additional 451,172 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Motorola Solutions by 12.4% in the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have weighed in on MSI shares. StockNews.com cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th. Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Finally, Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $505.88.

Motorola Solutions Price Performance

MSI traded up $4.12 during trading on Tuesday, reaching $430.57. The stock had a trading volume of 691,374 shares, compared to its average volume of 777,614. The stock has a 50 day moving average of $429.72 and a two-hundred day moving average of $457.19. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $71.89 billion, a price-to-earnings ratio of 46.70, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions's payout ratio is 47.29%.

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.