Aston Asset Management buys $2,866,734 stake in Motorola Solutions Inc (MSI)

Motorola Solutions Inc (MSI) : Aston Asset Management scooped up 8,929 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 11, 2016. The investment management firm now holds a total of 38,459 shares of Motorola Solutions Inc which is valued at $2,866,734.Motorola Solutions Inc makes up approximately 1.67% of Aston Asset Management’s portfolio.

Other Hedge Funds, Including , Pacad Investment Ltd. boosted its stake in MSI in the latest quarter, The investment management firm added 4,473 additional shares and now holds a total of 19,700 shares of Motorola Solutions Inc which is valued at $1,468,438. Motorola Solutions Inc makes up approx 0.19% of Pacad Investment Ltd.’s portfolio.Teacher Retirement System Of Texas boosted its stake in MSI in the latest quarter, The investment management firm added 55,614 additional shares and now holds a total of 110,649 shares of Motorola Solutions Inc which is valued at $8,180,281. Motorola Solutions Inc makes up approx 0.05% of Teacher Retirement System Of Texas’s portfolio.California Public Employees Retirement System reduced its stake in MSI by selling 3,400 shares or 0.73% in the most recent quarter. The Hedge Fund company now holds 463,457 shares of MSI which is valued at $32,112,936. Motorola Solutions Inc makes up approx 0.05% of California Public Employees Retirement System’s portfolio.Hudock Capital Group boosted its stake in MSI in the latest quarter, The investment management firm added 323 additional shares and now holds a total of 333 shares of Motorola Solutions Inc which is valued at $23,074. Motorola Solutions Inc makes up approx 0.01% of Hudock Capital Group’s portfolio.

Motorola Solutions Inc opened for trading at $76.8 and hit $77.425 on the upside on Tuesday, eventually ending the session at $76.99, with a gain of 0.65% or 0.5 points. The heightened volatility saw the trading volume jump to 11,13,216 shares. Company has a market cap of $12,836 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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