Mandatum Life Insurance Co Ltd buys $3,347,293 stake in Motorola Solutions Inc (MSI)

Motorola Solutions Inc (MSI) : Mandatum Life Insurance Co Ltd scooped up 1,506 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 12, 2016. The investment management firm now holds a total of 44,906 shares of Motorola Solutions Inc which is valued at $3,347,293.Motorola Solutions Inc makes up approximately 0.44% of Mandatum Life Insurance Co Ltd’s portfolio.

Other Hedge Funds, Including , Clinton Group Inc boosted its stake in MSI in the latest quarter, The investment management firm added 242,033 additional shares and now holds a total of 268,320 shares of Motorola Solutions Inc which is valued at $20,000,573. Motorola Solutions Inc makes up approx 0.84% of Clinton Group Inc’s portfolio.Segall Bryant Hamill reduced its stake in MSI by selling 300 shares or 8.26% in the most recent quarter. The Hedge Fund company now holds 3,332 shares of MSI which is valued at $248,367. Motorola Solutions Inc makes up approx 0.01% of Segall Bryant Hamill’s portfolio.Dimensional Fund Advisors Lp boosted its stake in MSI in the latest quarter, The investment management firm added 28,598 additional shares and now holds a total of 355,830 shares of Motorola Solutions Inc which is valued at $26,306,512. Motorola Solutions Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.State Treasurer State Of Michigan boosted its stake in MSI in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 55,227 shares of Motorola Solutions Inc which is valued at $3,826,679. Motorola Solutions Inc makes up approx 0.03% of State Treasurer State Of Michigan’s portfolio.Hartford Investment Management Co reduced its stake in MSI by selling 1,409 shares or 3.47% in the most recent quarter. The Hedge Fund company now holds 39,208 shares of MSI which is valued at $2,675,946. Motorola Solutions Inc makes up approx 0.05% of Hartford Investment Management Co’s portfolio.

Motorola Solutions Inc opened for trading at $77.2 and hit $77.64 on the upside on Monday, eventually ending the session at $77.29, with a gain of 0.12% or 0.09 points. The heightened volatility saw the trading volume jump to 8,34,451 shares. Company has a market cap of $12,886 M.

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.

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.

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