Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Growth & Income Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. Since 2015, for the first time, the market witnessed two consecutive quarterly losses. During the second quarter, the S&P 500 Index continued its decline, trading at -16.1%. Inflation concerns and interest rate hikes impacted the fund’s performance in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.
Carillon Tower Advisers discussed stocks like Motorola Solutions, Inc. (NYSE:MSI) in the second quarter 2022 investor letter. Headquartered in Chicago, Illinois, Motorola Solutions, Inc. (NYSE:MSI) is a mission-critical communication and analytics provider. On October 3, 2022, Motorola Solutions, Inc. (NYSE:MSI) stock closed at $228.97 per share. One-month return of Motorola Solutions, Inc. (NYSE:MSI) was -5.99% and its shares lost 1.42% of their value over the last 52 weeks. Motorola Solutions, Inc. (NYSE:MSI) has a market capitalization of $38.212 billion.
Here is what Carillon Tower Advisers specifically said about Motorola Solutions, Inc. (NYSE:MSI) in its Q2 2022 investor letter:
“Motorola Solutions, Inc. (NYSE:MSI) was a recent addition to the portfolio. The company provides hardware, software, and full end-to-end solutions to first responders worldwide. The company has a solid balance sheet, strong free cash flow generation, and a long history of double-digit dividend growth.”
Motorola Solutions, Inc. (NYSE:MSI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held Motorola Solutions, Inc. (NYSE:MSI) at the end of the second quarter which was 34 in the previous quarter.
We discussed Motorola Solutions, Inc. (NYSE:MSI) in another article and shared the list of stocks to buy in 2022 according to John Rogers’ Ariel Investments. In addition, please check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.