Sadoff Investment Management buys $28,417,321 stake in Motorola Solutions Inc (MSI)

Motorola Solutions Inc (MSI) : Sadoff Investment Management scooped up 380,775 additional shares in Motorola Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 416,371 shares of Motorola Solutions Inc which is valued at $28,417,321.Motorola Solutions Inc makes up approximately 3.22% of Sadoff Investment Management’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management reduced its stake in MSI by selling 30,149 shares or 96.83% in the most recent quarter. The Hedge Fund company now holds 986 shares of MSI which is valued at $66,979.Trust Co Of Vermont boosted its stake in MSI in the latest quarter, The investment management firm added 334 additional shares and now holds a total of 826 shares of Motorola Solutions Inc which is valued at $56,110. Motorola Solutions Inc makes up approx 0.01% of Trust Co Of Vermont’s portfolio.First Manhattan Co boosted its stake in MSI in the latest quarter, The investment management firm added 780 additional shares and now holds a total of 30,860 shares of Motorola Solutions Inc which is valued at $2,084,593. Motorola Solutions Inc makes up approx 0.01% of First Manhattan Co’s portfolio.

Motorola Solutions Inc opened for trading at $67.57 and hit $68.02 on the upside on Wednesday, eventually ending the session at $67.93, with a gain of 0.64% or 0.43 points. The heightened volatility saw the trading volume jump to 9,80,034 shares. Company has a market cap of $11,861 M.

On the company’s financial health, Motorola Solutions Inc reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.41. The company had revenue of $1193.00 million for the quarter, compared to analysts expectations of $1166.91 million. The company’s revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.

Many Wall Street Analysts have commented on Motorola Solutions Inc. Motorola Solutions Inc was Initiated by Citigroup to “Neutral” on Jun 20, 2016. Shares were Reiterated by MKM Partners on May 9, 2016 to “Neutral” and Lowered the Price Target to $ 69 from a previous price target of $74 .Motorola Solutions Inc was Downgraded by Northcoast to ” Neutral” on May 4, 2016.

Motorola Solutions Inc. provides communication infrastructure devices accessories software and services. The Company operates business in two segments: Products and Services. The Products segment offers a portfolio of infrastructure devices accessories and software. The primary customers of the Products segment are Government public safety and first-responder agencies municipalities and commercial and industrial customers. The Products segment has two principal product lines: devices and systems. The Services segment provides a set of service offerings for Government public safety and commercial communication networks. The Services segment has the following principal product lines: Integration services Lifecycle Support services Managed services Smart Public Safety Solutions and Integrated Digital Enhanced Network (iDEN) services. The Company serves customers in more than 100 countries.

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