King Luther Capital Management Corp maintained its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) during the third quarter, Holdings Channel reports. The institutional investor owned 4,500 shares of the company’s stock at the end of the third quarter. King Luther Capital Management Corp’s holdings in Zebra Technologies Corporation were worth $313,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. CI Global Investments Inc. increased its stake in shares of Zebra Technologies Corporation by 207.1% in the second quarter. CI Global Investments Inc. now owns 1,438,000 shares of the company’s stock valued at $72,044,000 after buying an additional 969,700 shares in the last quarter. Makaira Partners LLC increased its stake in shares of Zebra Technologies Corporation by 126.6% in the second quarter. Makaira Partners LLC now owns 1,370,227 shares of the company’s stock valued at $68,648,000 after buying an additional 765,500 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Zebra Technologies Corporation during the third quarter valued at approximately $41,671,000. Snow Capital Management LP increased its stake in shares of Zebra Technologies Corporation by 1,068.2% in the third quarter. Snow Capital Management LP now owns 608,979 shares of the company’s stock valued at $42,391,000 after buying an additional 556,849 shares in the last quarter. Finally, GCA Investment Management LLC purchased a new stake in shares of Zebra Technologies Corporation during the second quarter valued at approximately $15,406,000. Institutional investors own 99.64% of the company’s stock.

Institutional Ownership by Quarter for Zebra Technologies Corporation (NASDAQ:ZBRA)

Shares of Zebra Technologies Corporation (NASDAQ:ZBRA) traded up 0.16% during mid-day trading on Friday, reaching $83.89. The company’s stock had a trading volume of 402,393 shares. Zebra Technologies Corporation has a 12 month low of $46.13 and a 12 month high of $88.03. The company has a 50-day moving average of $82.79 and a 200-day moving average of $67.46. The firm’s market cap is $4.43 billion.

Zebra Technologies Corporation (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, November 15th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.02. Zebra Technologies Corporation had a positive return on equity of 30.70% and a negative net margin of 4.68%. The company had revenue of $904 million for the quarter. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts predict that Zebra Technologies Corporation will post $5.46 earnings per share for the current year.

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ZBRA has been the topic of several research reports. Zacks Investment Research downgraded shares of Zebra Technologies Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 12th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Zebra Technologies Corporation in a research report on Tuesday, September 20th. Imperial Capital upped their price target on shares of Zebra Technologies Corporation from $65.00 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, October 10th. Finally, Avondale Partners upgraded shares of Zebra Technologies Corporation from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $75.95.

In related news, CEO Anders Gustafsson sold 25,000 shares of the firm’s stock in a transaction on Friday, December 16th. The stock was sold at an average price of $84.91, for a total value of $2,122,750.00. Following the transaction, the chief executive officer now owns 281,181 shares in the company, valued at $23,875,078.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is owned by corporate insiders.

About Zebra Technologies Corporation

Zebra Technologies Corporation offers a range of solutions in the automatic information and data capture industry. The Company designs, manufactures and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products.

5 Day Chart for NASDAQ:ZBRA

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