3,336 Shares in Zebra Technologies Corp. (ZBRA) Acquired by Jefferies Group LLC

Jefferies Group LLC bought a new position in Zebra Technologies Corp. (NASDAQ:ZBRA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,336 shares of the industrial products company’s stock, valued at approximately $346,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ZBRA. Nationwide Fund Advisors boosted its holdings in shares of Zebra Technologies by 43.9% in the third quarter. Nationwide Fund Advisors now owns 254,968 shares of the industrial products company’s stock worth $27,684,000 after buying an additional 77,845 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of Zebra Technologies by 1.7% in the third quarter. New York State Common Retirement Fund now owns 117,000 shares of the industrial products company’s stock worth $12,704,000 after buying an additional 2,000 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Zebra Technologies by 57.1% in the third quarter. Russell Investments Group Ltd. now owns 80,307 shares of the industrial products company’s stock worth $8,720,000 after buying an additional 29,174 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Zebra Technologies by 3.8% in the third quarter. Ameriprise Financial Inc. now owns 168,618 shares of the industrial products company’s stock worth $18,308,000 after buying an additional 6,143 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in shares of Zebra Technologies by 17.0% in the third quarter. Pacer Advisors Inc. now owns 7,385 shares of the industrial products company’s stock worth $802,000 after buying an additional 1,072 shares during the period. Institutional investors own 90.02% of the company’s stock.

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ZBRA has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a report on Saturday, January 13th. BidaskClub cut shares of Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Imperial Capital upgraded shares of Zebra Technologies from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $95.00 to $120.00 in a report on Wednesday, November 29th. Morgan Stanley reiterated an “equal weight” rating and issued a $125.00 target price (up from $108.00) on shares of Zebra Technologies in a report on Friday, February 23rd. Finally, ValuEngine cut shares of Zebra Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $138.78.

Shares of Zebra Technologies stock opened at $136.35 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.61 and a debt-to-equity ratio of 2.61. The company has a market cap of $7,363.94, a P/E ratio of 426.11, a P/E/G ratio of 2.24 and a beta of 1.48. Zebra Technologies Corp. has a fifty-two week low of $84.32 and a fifty-two week high of $148.71.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Thursday, February 22nd. The industrial products company reported $2.33 EPS for the quarter, topping the consensus estimate of $2.12 by $0.21. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $984.33 million. Zebra Technologies had a net margin of 0.46% and a return on equity of 42.96%. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company posted $1.93 earnings per share. analysts anticipate that Zebra Technologies Corp. will post 8.25 EPS for the current year.

In related news, CEO Anders Gustafsson sold 42,557 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $141.26, for a total transaction of $6,011,601.82. Following the transaction, the chief executive officer now owns 311,338 shares of the company’s stock, valued at $43,979,605.88. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ross W. Manire sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $135.17, for a total transaction of $270,340.00. Following the transaction, the director now directly owns 27,432 shares in the company, valued at approximately $3,707,983.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 56,780 shares of company stock valued at $8,029,513. 2.40% of the stock is currently owned by corporate insiders.

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Zebra Technologies 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 (NASDAQ:ZBRA)

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