Teachers Advisors LLC raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 14.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,638 shares of the industrial products company’s stock after buying an additional 6,760 shares during the period. Teachers Advisors LLC owned about 0.10% of Zebra Technologies Corporation worth $4,986,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC acquired a new position in shares of Zebra Technologies Corporation during the fourth quarter worth $4,008,000. Bank of Montreal Can raised its position in shares of Zebra Technologies Corporation by 0.4% in the first quarter. Bank of Montreal Can now owns 46,177 shares of the industrial products company’s stock worth $4,213,000 after buying an additional 177 shares during the period. Advantus Capital Management Inc raised its position in shares of Zebra Technologies Corporation by 3.2% in the first quarter. Advantus Capital Management Inc now owns 6,770 shares of the industrial products company’s stock worth $618,000 after buying an additional 209 shares during the period. Meadow Creek Investment Management LLC raised its position in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Meadow Creek Investment Management LLC now owns 1,312 shares of the industrial products company’s stock worth $120,000 after buying an additional 48 shares during the period. Finally, Capstone Asset Management Co. raised its position in shares of Zebra Technologies Corporation by 5.3% in the first quarter. Capstone Asset Management Co. now owns 5,602 shares of the industrial products company’s stock worth $511,000 after buying an additional 280 shares during the period. 94.27% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Corporation (NASDAQ:ZBRA) traded up 0.24% during midday trading on Friday, hitting $96.20. 407,681 shares of the stock traded hands. The company has a 50-day moving average of $101.81 and a 200-day moving average of $94.57. The stock’s market cap is $5.08 billion. Zebra Technologies Corporation has a 12 month low of $52.77 and a 12 month high of $109.30.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, May 9th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. Zebra Technologies Corporation had a positive return on equity of 37.96% and a negative net margin of 2.98%. The firm had revenue of $865 million during the quarter, compared to analysts’ expectations of $847.76 million. During the same period last year, the business posted $1.01 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities research analysts anticipate that Zebra Technologies Corporation will post $6.45 earnings per share for the current year.

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ZBRA has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Morgan Stanley lowered Zebra Technologies Corporation from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $95.00 to $100.00 in a research report on Wednesday, May 31st. They noted that the move was a valuation call. Wells Fargo & Company lowered Zebra Technologies Corporation from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 10th. ValuEngine raised Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Barrington Research boosted their target price on Zebra Technologies Corporation from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Zebra Technologies Corporation has an average rating of “Hold” and an average price target of $94.82.

In other news, SVP Hugh K. Gagnier sold 9,388 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $100.42, for a total value of $942,742.96. Following the completion of the transaction, the senior vice president now directly owns 48,460 shares in the company, valued at $4,866,353.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard L. Keyser sold 6,132 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $106.26, for a total value of $651,586.32. Following the completion of the transaction, the director now owns 23,632 shares of the company’s stock, valued at $2,511,136.32. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,602 shares of company stock valued at $2,819,641. Company insiders own 2.50% of the company’s stock.

Zebra Technologies Corporation Company Profile

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

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

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