World Asset Management Inc increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 5.1% during the second quarter, Holdings Channel reports. The firm owned 3,821 shares of the industrial products company’s stock after buying an additional 187 shares during the period. World Asset Management Inc’s holdings in Zebra Technologies Corporation were worth $384,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Teachers Advisors LLC raised its position in shares of Zebra Technologies Corporation by 3.4% in the fourth quarter. Teachers Advisors LLC now owns 47,878 shares of the industrial products company’s stock worth $4,106,000 after buying an additional 1,568 shares during the period. 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. 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. Louisiana State Employees Retirement System raised its position in shares of Zebra Technologies Corporation by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the industrial products company’s stock worth $1,223,000 after buying an additional 300 shares during the period. Finally, Palisade Capital Management LLC NJ raised its position in shares of Zebra Technologies Corporation by 4.9% in the first quarter. Palisade Capital Management LLC NJ now owns 78,275 shares of the industrial products company’s stock worth $7,143,000 after buying an additional 3,676 shares during the period. 94.49% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Corporation (NASDAQ ZBRA) opened at 103.49 on Friday. The stock’s market capitalization is $5.50 billion. Zebra Technologies Corporation has a one year low of $62.91 and a one year high of $109.30. The company’s 50-day moving average is $100.82 and its 200 day moving average is $95.29.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.17. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. The firm had revenue of $897 million for the quarter, compared to the consensus estimate of $876.90 million. During the same period in the prior year, the firm earned $1.34 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities analysts expect that Zebra Technologies Corporation will post $6.61 EPS for the current year.

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Several equities analysts recently issued reports on ZBRA shares. Zacks Investment Research raised shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $104.00 price objective on the stock in a report on Wednesday, April 26th. Wells Fargo & Company lowered shares of Zebra Technologies Corporation from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 10th. Barrington Research lifted their price objective on shares of Zebra Technologies Corporation from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, May 11th. Needham & Company LLC reissued a “buy” rating and set a $107.00 price objective on shares of Zebra Technologies Corporation in a report on Monday, May 22nd. Finally, ValuEngine lowered shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $96.19.

In other Zebra Technologies Corporation news, SVP Hugh K. Gagnier sold 9,388 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $100.42, for a total value of $942,742.96. Following the sale, the senior vice president now directly owns 48,460 shares of the company’s stock, valued at approximately $4,866,353.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard L. Keyser sold 6,132 shares of the stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $106.26, for a total transaction of $651,586.32. Following the completion of the sale, the director now directly owns 23,632 shares in the company, valued at $2,511,136.32. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,881 shares of company stock worth $1,954,954. 2.50% of the stock is owned by insiders.

About Zebra Technologies Corporation

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.

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

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