Macquarie Group Ltd. Has $20.53 Million Stake in Zebra Technologies Corp. (ZBRA)

Macquarie Group Ltd. lifted its position in Zebra Technologies Corp. (NASDAQ:ZBRA) by 5.4% during the 4th quarter, Holdings Channel reports. The firm owned 197,764 shares of the industrial products company’s stock after buying an additional 10,202 shares during the quarter. Macquarie Group Ltd.’s holdings in Zebra Technologies were worth $20,527,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Greenleaf Trust grew its holdings in shares of Zebra Technologies by 98.0% in the 4th quarter. Greenleaf Trust now owns 1,000 shares of the industrial products company’s stock worth $104,000 after purchasing an additional 495 shares during the last quarter. Amalgamated Bank lifted its position in Zebra Technologies by 5.6% during the 4th quarter. Amalgamated Bank now owns 11,008 shares of the industrial products company’s stock worth $1,143,000 after buying an additional 579 shares in the last quarter. American International Group Inc. lifted its position in Zebra Technologies by 0.6% during the 3rd quarter. American International Group Inc. now owns 108,648 shares of the industrial products company’s stock worth $11,797,000 after buying an additional 630 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in Zebra Technologies by 6.6% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 10,564 shares of the industrial products company’s stock worth $1,097,000 after buying an additional 655 shares in the last quarter. Finally, Hanseatic Management Services Inc. lifted its position in Zebra Technologies by 5.8% during the 4th quarter. Hanseatic Management Services Inc. now owns 12,540 shares of the industrial products company’s stock worth $1,302,000 after buying an additional 687 shares in the last quarter. 90.02% of the stock is currently owned by institutional investors and hedge funds.

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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. Zebra Technologies Corp. has a 52-week low of $84.32 and a 52-week high of $148.71. The stock has a market cap of $7,260.64, a PE ratio of 20.88, a price-to-earnings-growth ratio of 2.20 and a beta of 1.48.

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

In other Zebra Technologies news, SVP Jim L. Kaput sold 4,884 shares of the company’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $145.24, for a total transaction of $709,352.16. Following the transaction, the senior vice president now directly owns 23,374 shares in the company, valued at approximately $3,394,839.76. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ross W. Manire sold 2,000 shares of the company’s stock in a transaction dated 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 owns 27,432 shares in the company, valued at $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 worth $8,029,513. Corporate insiders own 2.40% of the company’s stock.

Several research analysts recently issued reports on ZBRA shares. Zacks Investment Research upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $128.00 price target on the stock in a research report on Saturday, January 13th. BidaskClub downgraded shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, December 15th. Imperial Capital upgraded shares of Zebra Technologies from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $95.00 to $120.00 in a research report on Wednesday, November 29th. Morgan Stanley reiterated an “equal weight” rating and set a $125.00 price target (up previously from $108.00) on shares of Zebra Technologies in a research report on Friday, February 23rd. Finally, ValuEngine downgraded shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research 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 currently has a consensus rating of “Buy” and an average target price of $138.78.

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Zebra Technologies 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.

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

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