8,026 Shares in Zebra Technologies Corp. (ZBRA) Purchased by ING Groep NV

ING Groep NV acquired a new stake in shares of Zebra Technologies Corp. (NASDAQ:ZBRA) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 8,026 shares of the industrial products company’s stock, valued at approximately $833,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp raised its holdings in shares of Zebra Technologies by 1.4% in the second quarter. State Street Corp now owns 1,368,743 shares of the industrial products company’s stock valued at $137,588,000 after buying an additional 18,299 shares during the last quarter. Advisor Group Inc. raised its holdings in 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 last quarter. The Manufacturers Life Insurance Company raised its holdings in 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 last quarter. Skylands Capital LLC raised its holdings in Zebra Technologies by 82.2% during the 4th quarter. Skylands Capital LLC now owns 22,050 shares of the industrial products company’s stock worth $2,289,000 after purchasing an additional 9,950 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Zebra Technologies by 3.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 168,618 shares of the industrial products company’s stock worth $18,308,000 after purchasing an additional 6,143 shares during the last quarter. 89.51% of the stock is owned by institutional investors.

Zebra Technologies Corp. (ZBRA) opened at $118.80 on Thursday. The stock has a market capitalization of $6,320.00, a PE ratio of 208.42, a PEG ratio of 2.08 and a beta of 1.67. Zebra Technologies Corp. has a 12-month low of $84.32 and a 12-month high of $126.49. 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 (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.73 by $0.14. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. The business had revenue of $935.00 million during the quarter, compared to analyst estimates of $914.98 million. During the same period in the previous year, the firm earned $1.43 EPS. Zebra Technologies’s quarterly revenue was up 3.4% compared to the same quarter last year. equities research analysts predict that Zebra Technologies Corp. will post 6.37 earnings per share for the current fiscal year.

In related news, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $110.15, for a total value of $110,150.00. Following the completion of the transaction, the senior vice president now directly owns 10,426 shares in the company, valued at approximately $1,148,423.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is currently owned by insiders.

Several analysts have weighed in on the company. BidaskClub cut Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Northcoast Research raised Zebra Technologies from a “neutral” rating to a “buy” rating in a report on Tuesday, October 31st. Zacks Investment Research raised Zebra Technologies from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a report on Thursday, November 2nd. ValuEngine cut Zebra Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, Robert W. Baird reissued a “buy” rating and set a $125.00 price objective on shares of Zebra Technologies in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Zebra Technologies presently has an average rating of “Buy” and a consensus price target of $114.88.

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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.

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

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