Retirement Systems of Alabama increased its position in shares of Zebra Technologies (NASDAQ:ZBRA) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,760 shares of the industrial products company’s stock after purchasing an additional 374 shares during the quarter. Retirement Systems of Alabama owned approximately 0.22% of Zebra Technologies worth $19,069,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ZBRA. Wells Fargo & Company MN boosted its holdings in Zebra Technologies by 65.0% during the third quarter. Wells Fargo & Company MN now owns 1,526,432 shares of the industrial products company’s stock worth $269,919,000 after purchasing an additional 601,225 shares during the last quarter. FMR LLC boosted its stake in Zebra Technologies by 208.6% in the third quarter. FMR LLC now owns 698,886 shares of the industrial products company’s stock valued at $123,585,000 after acquiring an additional 472,441 shares during the last quarter. Vanguard Group Inc boosted its stake in Zebra Technologies by 5.1% in the third quarter. Vanguard Group Inc now owns 5,404,969 shares of the industrial products company’s stock valued at $955,760,000 after acquiring an additional 263,478 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in Zebra Technologies by 85.6% in the third quarter. Panagora Asset Management Inc. now owns 519,022 shares of the industrial products company’s stock valued at $91,779,000 after acquiring an additional 239,326 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in Zebra Technologies by 28.1% in the third quarter. AQR Capital Management LLC now owns 722,146 shares of the industrial products company’s stock valued at $127,697,000 after acquiring an additional 158,340 shares during the last quarter. Institutional investors and hedge funds own 86.30% of the company’s stock.

NASDAQ ZBRA opened at $160.35 on Friday. Zebra Technologies has a 12-month low of $110.48 and a 12-month high of $184.75. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.64 and a current ratio of 1.09. The company has a market capitalization of $8.23 billion, a PE ratio of 25.05 and a beta of 1.53.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, November 6th. The industrial products company reported $2.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.60 by $0.28. Zebra Technologies had a net margin of 7.55% and a return on equity of 49.81%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the firm posted $1.87 earnings per share. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. Research analysts predict that Zebra Technologies will post 10.04 earnings per share for the current fiscal year.

A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Zebra Technologies from a “sell” rating to a “buy” rating and set a $200.00 target price on the stock in a research note on Saturday, November 17th. BidaskClub upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Friday, October 19th. ValuEngine upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, November 28th. Robert W. Baird boosted their target price on shares of Zebra Technologies from $175.00 to $205.00 and gave the company an “outperform” rating in a research note on Monday, November 12th. Finally, Needham & Company LLC boosted their target price on shares of Zebra Technologies to $192.00 and gave the company a “buy” rating in a research note on Wednesday, November 7th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Zebra Technologies has a consensus rating of “Buy” and a consensus target price of $180.22.

In related news, SVP Joachim Heel sold 2,480 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $182.38, for a total transaction of $452,302.40. Following the sale, the senior vice president now owns 24,412 shares of the company’s stock, valued at approximately $4,452,260.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Anders Gustafsson sold 35,160 shares of the company’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $182.73, for a total transaction of $6,424,786.80. Following the sale, the chief executive officer now directly owns 314,092 shares in the company, valued at approximately $57,394,031.16. The disclosure for this sale can be found here. In the last three months, insiders sold 71,640 shares of company stock worth $12,930,449. Insiders own 2.30% of the company’s stock.

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Zebra Technologies Profile

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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

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