Alethea Capital Management adds Motorola Solutions Inc (MSI) to its portfolio

Motorola Solutions Inc (MSI) : Alethea Capital Management added new position in Motorola Solutions Inc during the most recent quarter end. The investment management firm now holds 31,321 shares of Motorola Solutions Inc which is valued at $2,524,473 , the company said in a statement filed on Nov 14, 2016 with the SEC.Motorola Solutions Inc makes up approximately 3.44% of Alethea Capital Management’s portfolio.

Other Hedge Funds, Including , Mariner Wealth Advisors sold out all of its stake in MSI during the most recent quarter. The investment firm sold 5,155 shares of MSI which is valued $415,493.Marlowe Partners Lp reduced its stake in MSI by selling 114,560 shares or 39.5% in the most recent quarter. The Hedge Fund company now holds 175,457 shares of MSI which is valued at $13,894,440. Motorola Solutions Inc makes up approx 9.63% of Marlowe Partners Lp’s portfolio.Dimensional Fund Advisors Lp boosted its stake in MSI in the latest quarter, The investment management firm added 15,399 additional shares and now holds a total of 371,229 shares of Motorola Solutions Inc which is valued at $29,397,625. Motorola Solutions Inc makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.Ubs Asset Management Americas Inc reduced its stake in MSI by selling 53,997 shares or 7.84% in the most recent quarter. The Hedge Fund company now holds 634,394 shares of MSI which is valued at $48,150,505. Motorola Solutions Inc makes up approx 0.06% of Ubs Asset Management Americas Inc’s portfolio.Gateway Investment Advisers reduced its stake in MSI by selling 100,513 shares or 33.92% in the most recent quarter. The Hedge Fund company now holds 195,823 shares of MSI which is valued at $14,586,855. Motorola Solutions Inc makes up approx 0.13% of Gateway Investment Advisers’s portfolio.

Motorola Solutions Inc closed down -0.37 points or -0.46% at $79.98 with 7,24,772 shares getting traded on Monday. Post opening the session at $80.6, the shares hit an intraday low of $79.88 and an intraday high of $80.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Motorola Solutions Inc reported $1.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $1.20. The company had revenue of $1532.00 million for the quarter, compared to analysts expectations of $1515.83 million. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS.

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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