Zebra Technologies Corp. (ZBRA) Position Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in Zebra Technologies Corp. (NASDAQ:ZBRA) by 3.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 473,296 shares of the industrial products company’s stock after acquiring an additional 14,033 shares during the quarter. Dimensional Fund Advisors LP owned about 0.89% of Zebra Technologies worth $51,391,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of Zebra Technologies by 1.4% during the 2nd quarter. State Street Corp now owns 1,368,743 shares of the industrial products company’s stock worth $137,588,000 after purchasing an additional 18,299 shares during the period. Advisor Group Inc. increased its holdings in shares of Zebra Technologies by 0.8% during the 2nd quarter. Advisor Group Inc. now owns 1,606 shares of the industrial products company’s stock worth $161,000 after purchasing an additional 13 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Zebra Technologies by 1.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 77,463 shares of the industrial products company’s stock worth $7,786,000 after purchasing an additional 1,095 shares during the period. Legal & General Group Plc increased its holdings in shares of Zebra Technologies by 23.6% during the 2nd quarter. Legal & General Group Plc now owns 43,984 shares of the industrial products company’s stock worth $4,421,000 after purchasing an additional 8,404 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Zebra Technologies by 10.4% during the 2nd quarter. Vanguard Group Inc. now owns 4,545,495 shares of the industrial products company’s stock worth $456,913,000 after purchasing an additional 428,836 shares during the period. Hedge funds and other institutional investors own 89.64% of the company’s stock.

ZBRA has been the topic of several research reports. Zacks Investment Research upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $123.00 price objective on the stock in a report on Thursday, October 12th. Robert W. Baird restated a “buy” rating and set a $125.00 price objective on shares of Zebra Technologies in a report on Friday, November 10th. Wellington Shields upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, November 8th. Northcoast Research upgraded shares of Zebra Technologies from a “neutral” rating to a “buy” rating in a report on Tuesday, October 31st. Finally, Imperial Capital upgraded shares of Zebra Technologies from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $95.00 to $120.00 in a report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $114.88.

In other Zebra Technologies news, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $110.15, for a total value of $110,150.00. Following the transaction, the senior vice president now directly owns 10,426 shares in the company, valued at $1,148,423.90. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Frank Blaise Modruson purchased 1,540 shares of Zebra Technologies stock in a transaction on Thursday, November 9th. The stock was purchased at an average price of $103.88 per share, for a total transaction of $159,975.20. Following the completion of the transaction, the director now owns 12,556 shares of the company’s stock, valued at $1,304,317.28. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by insiders.

Shares of Zebra Technologies Corp. (NASDAQ:ZBRA) opened at $107.86 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.74 and a debt-to-equity ratio of 3.01. Zebra Technologies Corp. has a 12-month low of $81.02 and a 12-month high of $117.44. The firm has a market cap of $5,740.00, a PE ratio of 189.23, a PEG ratio of 1.88 and a beta of 1.59.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.14. Zebra Technologies had a net margin of 0.82% and a return on equity of 41.17%. The business had revenue of $935.00 million for the quarter, compared to analyst estimates of $914.98 million. During the same period in the previous year, the business earned $1.43 EPS. The firm’s revenue was up 3.4% on a year-over-year basis. analysts anticipate that Zebra Technologies Corp. will post 6.37 earnings per share for the current year.

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About Zebra Technologies

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 (NASDAQ:ZBRA)

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