Orleans Capital Management Corp LA Buys 185 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Orleans Capital Management Corp LA raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 4.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,371 shares of the communications equipment provider’s stock after acquiring an additional 185 shares during the period. Orleans Capital Management Corp LA’s holdings in Motorola Solutions were worth $2,074,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MSI. Raymond James Financial Inc. acquired a new position in shares of Motorola Solutions in the fourth quarter worth approximately $1,528,949,000. Norges Bank bought a new position in Motorola Solutions during the 4th quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership lifted its position in shares of 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 worth $291,922,000 after purchasing an additional 484,727 shares during the period. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 451,172 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its position in shares of Motorola Solutions by 56,562.5% during the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after buying an additional 315,053 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.3 %

Shares of NYSE:MSI opened at $435.70 on Friday. The firm has a market cap of $72.73 billion, a P/E ratio of 47.26, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The business’s 50 day simple moving average is $440.81 and its two-hundred day simple moving average is $459.25. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) 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 business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. As a group, research analysts forecast 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 $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.00%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analysts Set New Price Targets

Several research firms recently issued reports on MSI. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley raised their target price 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. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $505.88.

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.