American Century Companies Inc. decreased its holdings in Zebra Technologies (NASDAQ:ZBRA) by 9.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,860 shares of the industrial products company’s stock after selling 4,857 shares during the period. American Century Companies Inc. owned about 0.09% of Zebra Technologies worth $6,569,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the business. Bank of Montreal Can grew its stake in shares of Zebra Technologies by 1.8% in the second quarter. Bank of Montreal Can now owns 21,945 shares of the industrial products company’s stock worth $3,144,000 after acquiring an additional 396 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Zebra Technologies by 13.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,327 shares of the industrial products company’s stock worth $463,000 after acquiring an additional 398 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Zebra Technologies by 2.9% in the second quarter. Louisiana State Employees Retirement System now owns 14,400 shares of the industrial products company’s stock worth $2,063,000 after acquiring an additional 400 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in shares of Zebra Technologies by 3.0% in the first quarter. Municipal Employees Retirement System of Michigan now owns 16,540 shares of the industrial products company’s stock worth $2,302,000 after acquiring an additional 480 shares in the last quarter. Finally, Oakbrook Investments LLC grew its stake in shares of Zebra Technologies by 10.0% in the second quarter. Oakbrook Investments LLC now owns 5,675 shares of the industrial products company’s stock worth $813,000 after acquiring an additional 515 shares in the last quarter. Institutional investors and hedge funds own 86.64% of the company’s stock.

Shares of ZBRA stock opened at $169.96 on Wednesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.09 and a quick ratio of 0.64. The firm has a market cap of $9.22 billion, a P/E ratio of 26.56 and a beta of 1.56. Zebra Technologies has a 12 month low of $99.59 and a 12 month high of $172.73.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, August 7th. The industrial products company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.25. Zebra Technologies had a net margin of 4.33% and a return on equity of 49.48%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $990.09 million. During the same quarter in the previous year, the firm posted $1.51 earnings per share. sell-side analysts anticipate that Zebra Technologies will post 9.69 earnings per share for the current year.

In other Zebra Technologies news, SVP Joachim Heel sold 3,000 shares of the company’s stock in a transaction on Friday, June 22nd. The shares were sold at an average price of $148.30, for a total value of $444,900.00. Following the completion of the transaction, the senior vice president now owns 28,912 shares in the company, valued at $4,287,649.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jim L. Kaput sold 5,703 shares of the company’s stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $162.18, for a total transaction of $924,912.54. Following the completion of the transaction, the senior vice president now owns 20,436 shares of the company’s stock, valued at approximately $3,314,310.48. The disclosure for this sale can be found here. Insiders sold 62,538 shares of company stock valued at $10,262,505 in the last 90 days. 2.30% of the stock is currently owned by insiders.

Several research firms have commented on ZBRA. TheStreet upgraded shares of Zebra Technologies from a “c+” rating to a “b” rating in a research note on Tuesday, May 8th. BidaskClub upgraded shares of Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 30th. Needham & Company LLC boosted their target price on shares of Zebra Technologies to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, May 9th. They noted that the move was a valuation call. Northcoast Research set a $200.00 target price on shares of Zebra Technologies and gave the stock a “buy” rating in a research note on Tuesday, August 7th. Finally, Imperial Capital boosted their target price on shares of Zebra Technologies from $120.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, August 10th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $164.00.

About Zebra Technologies

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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

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