Mutual of America Capital Management LLC boosted its position in shares of Zebra Technologies Corp. (NASDAQ:ZBRA) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,266 shares of the company’s stock after buying an additional 1,951 shares during the period. Mutual of America Capital Management LLC owned 0.08% of Zebra Technologies Corp. worth $2,803,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Manhattan Co. raised its position in Zebra Technologies Corp. by 25.0% in the third quarter. First Manhattan Co. now owns 2,500 shares of the company’s stock worth $174,000 after buying an additional 500 shares during the last quarter. Rothschild Investment Corp IL purchased a new position in Zebra Technologies Corp. during the third quarter worth about $216,000. LS Investment Advisors LLC raised its position in Zebra Technologies Corp. by 71.0% in the second quarter. LS Investment Advisors LLC now owns 3,160 shares of the company’s stock worth $158,000 after buying an additional 1,312 shares during the last quarter. Pacer Advisors Inc. purchased a new position in Zebra Technologies Corp. during the second quarter worth about $160,000. Finally, World Asset Management Inc purchased a new position in Zebra Technologies Corp. during the third quarter worth about $238,000. Institutional investors and hedge funds own 96.32% of the company’s stock.
Zebra Technologies Corp. (NASDAQ:ZBRA) remained flat at $79.10 during trading on Friday. The stock had a trading volume of 183,913 shares. Zebra Technologies Corp. has a one year low of $46.13 and a one year high of $81.00. The company’s 50 day moving average price is $68.24 and its 200-day moving average price is $61.25. The firm’s market capitalization is $4.18 billion.
Zebra Technologies Corp. (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, November 15th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.02. The business had revenue of $904 million for the quarter. Zebra Technologies Corp. had a negative net margin of 4.68% and a positive return on equity of 30.70%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Equities analysts forecast that Zebra Technologies Corp. will post $5.47 EPS for the current year.
A number of analysts have weighed in on ZBRA shares. Vetr raised shares of Zebra Technologies Corp. from a “sell” rating to a “hold” rating and set a $58.03 price target for the company in a report on Wednesday, August 3rd. Avondale Partners raised shares of Zebra Technologies Corp. from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 15th. Imperial Capital increased their price target on shares of Zebra Technologies Corp. from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Monday, October 10th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Zebra Technologies Corp. in a report on Tuesday, September 20th. Finally, Barrington Research reissued an “outperform” rating and issued a $75.00 price target on shares of Zebra Technologies Corp. in a report on Wednesday, August 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $72.94.
In related news, SVP Michael Cho sold 1,850 shares of the business’s stock in a transaction on Tuesday, September 20th. The shares were sold at an average price of $68.56, for a total transaction of $126,836.00. Following the transaction, the senior vice president now directly owns 11,004 shares in the company, valued at $754,434.24. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Jim L. Kaput bought 3,457 shares of the stock in a transaction that occurred on Thursday, September 8th. The shares were purchased at an average price of $68.22 per share, for a total transaction of $235,836.54. Following the completion of the acquisition, the senior vice president now owns 25,103 shares of the company’s stock, valued at approximately $1,712,526.66. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by insiders.
About Zebra Technologies Corp.
Zebra Technologies Corporation offers a range of solutions in the automatic information and data capture industry. The Company designs, manufactures and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products.