Gabelli & Co. Upgrades Motorola Solutions Inc to Buy

Brokerage firm Gabelli & Co. Upgrades its rating on Motorola Solutions Inc(MSI). The shares have been rated Buy. Previously, the analysts had a Hold rating on the shares. The rating by Gabelli & Co. was issued on Feb 6, 2017.

In a different note, On Jan 24, 2017, Citigroup said it Upgrades its rating on Motorola Solutions Inc. The shares have been rated ‘Buy’ by the firm.

Motorola Solutions Inc (MSI) shares turned negative on Tuesdays trading session with the shares closing down -4.39 points or -5.37% at a volume of 1,14,74,969. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $81.98. The peak price level was also seen at $81.98 while the days lowest was $76.92. Finally the shares closed at $77.34. The 52-week high of the shares is $87.55 while the 52-week low is $59.78. According to the latest information available, the market cap of the company is $12,836 M.

Motorola Solutions Inc(MSI) last announced its earnings results on Feb 2, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $1.883B. Analysts had an estimated revenue of $1.840B. Earnings per share were $2.03. Analysts had estimated an EPS of $1.86.

Several Insider Transactions has been reported to the SEC. On Dec 14, 2016, Gregory Q Brown (Chairman and CEO) sold 95,235 shares at $82.39 per share price.Also, On Sep 8, 2016, Bruce W Brda (EVP, Products & Services) sold 10,416 shares at $77.99 per share price.On Aug 30, 2016, Gino A Bonanotte (EVP and CFO) sold 14,428 shares at $77.03 per share price, according to the Form-4 filing with the securities and exchange commission.

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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