Motorola Solutions Inc (MSI) : Invictus Rg scooped up 6,732 additional shares in Motorola Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 11,569 shares of Motorola Solutions Inc which is valued at $862,353.Motorola Solutions Inc makes up approximately 0.87% of Invictus Rg’s portfolio.
Other Hedge Funds, Including , Manufacturers Life Insurance Company The reduced its stake in MSI by selling 1,563 shares or 0.96% in the most recent quarter. The Hedge Fund company now holds 161,227 shares of MSI which is valued at $12,017,861. Motorola Solutions Inc makes up approx 0.02% of Manufacturers Life Insurance Company The’s portfolio.Pacer Advisors boosted its stake in MSI in the latest quarter, The investment management firm added 122 additional shares and now holds a total of 3,149 shares of Motorola Solutions Inc which is valued at $234,726. Motorola Solutions Inc makes up approx 0.04% of Pacer Advisors’s portfolio.Reliance Trust Co Of Delaware reduced its stake in MSI by selling 1,893 shares or 15.8% in the most recent quarter. The Hedge Fund company now holds 10,091 shares of MSI which is valued at $752,183. Motorola Solutions Inc makes up approx 0.07% of Reliance Trust Co Of Delaware’s portfolio. Thompson Davis added MSI to its portfolio by purchasing 357 company shares during the most recent quarter which is valued at $26,393. Motorola Solutions Inc makes up approx 0.04% of Thompson Davis’s portfolio. Spot Trading L.l.c added MSI to its portfolio by purchasing 3,153 company shares during the most recent quarter which is valued at $218,471. Motorola Solutions Inc makes up approx 0.03% of Spot Trading L.l.c’s portfolio.
Motorola Solutions Inc closed down -0.19 points or -0.25% at $76.8 with 15,62,726 shares getting traded on Thursday. Post opening the session at $76.96, the shares hit an intraday low of $76.05 and an intraday high of $77.02 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Motorola Solutions Inc reported $1.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.87. The company had revenue of $1430.00 million for the quarter, compared to analysts expectations of $1397.99 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.
Investors should note that on Aug 18, 2016, Motorola Solutions Inc announced a cash dividend of $0.4100. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Oct 14, 2016.
Many Wall Street Analysts have commented on Motorola Solutions Inc. Motorola Solutions Inc was Initiated by Citigroup to “Neutral” on Jun 20, 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.