Nicholas Co. Inc. WI Sells 45 Shares of Zebra Technologies Corporation (ZBRA)
Nicholas Co. Inc. WI reduced its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 75,520 shares of the company’s stock after selling 45 shares during the period. Nicholas Co. Inc. WI owned 0.14% of Zebra Technologies Corporation worth $6,476,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in ZBRA. Asset Management One Co. Ltd. acquired a new stake in shares of Zebra Technologies Corporation during the fourth quarter valued at $163,000. Marshall Wace LLP raised its stake in shares of Zebra Technologies Corporation by 24.9% in the fourth quarter. Marshall Wace LLP now owns 525,285 shares of the company’s stock valued at $45,048,000 after buying an additional 104,587 shares during the period. FIL Ltd raised its stake in shares of Zebra Technologies Corporation by 51.3% in the fourth quarter. FIL Ltd now owns 480,485 shares of the company’s stock valued at $41,206,000 after buying an additional 162,861 shares during the period. FMR LLC raised its stake in shares of Zebra Technologies Corporation by 267.4% in the fourth quarter. FMR LLC now owns 287,321 shares of the company’s stock valued at $24,641,000 after buying an additional 209,121 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Zebra Technologies Corporation by 36.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 380,883 shares of the company’s stock valued at $32,665,000 after buying an additional 102,007 shares during the period. Institutional investors and hedge funds own 96.17% of the company’s stock.
Shares of Zebra Technologies Corporation (NASDAQ:ZBRA) traded down 0.68% during midday trading on Thursday, hitting $85.23. The stock had a trading volume of 369,713 shares. The company’s market cap is $4.50 billion. Zebra Technologies Corporation has a one year low of $46.13 and a one year high of $88.03. The stock has a 50 day moving average of $84.60 and a 200-day moving average of $74.06.
Zebra Technologies Corporation (NASDAQ:ZBRA) last issued its earnings results on Tuesday, November 15th. The company reported $1.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.41 by $0.02. Zebra Technologies Corporation had a positive return on equity of 30.70% and a negative net margin of 4.68%. The company earned $904 million during the quarter. During the same period in the previous year, the company earned $1.39 EPS. Zebra Technologies Corporation’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts forecast that Zebra Technologies Corporation will post $5.47 EPS for the current fiscal year.
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Several brokerages have recently weighed in on ZBRA. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $69.00 target price on shares of Zebra Technologies Corporation in a research report on Thursday. J P Morgan Chase & Co set a $100.00 target price on Zebra Technologies Corporation and gave the stock a “buy” rating in a research report on Friday, December 9th. Avondale Partners raised Zebra Technologies Corporation from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 15th. Finally, Zacks Investment Research lowered Zebra Technologies Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, January 18th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $75.94.
In other news, CEO Anders Gustafsson sold 25,000 shares of the company’s stock in a transaction dated Friday, December 16th. The stock was sold at an average price of $84.91, for a total value of $2,122,750.00. Following the completion of the sale, the chief executive officer now owns 281,181 shares of the company’s stock, valued at $23,875,078.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.50% of the stock is owned by corporate insiders.
About Zebra Technologies Corporation
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.
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