Mercer Global Advisors Inc. ADV bought a new stake in shares of Zebra Technologies (NASDAQ:ZBRA) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,020 shares of the industrial products company’s stock, valued at approximately $214,000.

Several other large investors have also bought and sold shares of ZBRA. FMR LLC lifted its holdings in shares of Zebra Technologies by 246.0% during the 4th quarter. FMR LLC now owns 2,418,244 shares of the industrial products company’s stock valued at $385,057,000 after acquiring an additional 1,719,358 shares in the last quarter. Norges Bank acquired a new position in shares of Zebra Technologies during the 4th quarter valued at $83,320,000. Congress Asset Management Co. MA acquired a new position in shares of Zebra Technologies during the 4th quarter valued at $74,283,000. Vanguard Group Inc lifted its holdings in shares of Zebra Technologies by 5.1% during the 3rd quarter. Vanguard Group Inc now owns 5,404,969 shares of the industrial products company’s stock valued at $955,760,000 after acquiring an additional 263,478 shares in the last quarter. Finally, Strs Ohio lifted its holdings in shares of Zebra Technologies by 8,082.3% during the 1st quarter. Strs Ohio now owns 141,062 shares of the industrial products company’s stock valued at $29,556,000 after acquiring an additional 139,338 shares in the last quarter. Institutional investors and hedge funds own 88.59% of the company’s stock.

ZBRA has been the topic of several analyst reports. BidaskClub raised shares of Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 17th. Wellington Shields downgraded shares of Zebra Technologies from a “buy” rating to a “gradually accumulate” rating in a research note on Monday, January 28th. ValuEngine raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $215.00 price target (up previously from $192.00) on shares of Zebra Technologies in a research note on Friday, February 15th. They noted that the move was a valuation call. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $225.00 price target (up previously from $195.00) on shares of Zebra Technologies in a research note on Thursday, February 21st. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Zebra Technologies presently has a consensus rating of “Buy” and an average target price of $215.75.

In other news, CMO Jeffrey F. Schmitz sold 1,382 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $212.95, for a total value of $294,296.90. Following the completion of the sale, the chief marketing officer now owns 10,748 shares of the company’s stock, valued at approximately $2,288,786.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Michael H. Terzich sold 1,076 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $207.91, for a total transaction of $223,711.16. Following the completion of the sale, the senior vice president now directly owns 41,345 shares of the company’s stock, valued at approximately $8,596,038.95. The disclosure for this sale can be found here. Insiders sold a total of 114,894 shares of company stock valued at $23,721,363 in the last three months. Insiders own 1.77% of the company’s stock.

Zebra Technologies stock opened at $185.18 on Thursday. Zebra Technologies has a 12-month low of $136.16 and a 12-month high of $237.15. The firm has a market cap of $9.77 billion, a P/E ratio of 18.10 and a beta of 1.42. The company has a current ratio of 1.00, a quick ratio of 0.55 and a debt-to-equity ratio of 1.09.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, April 30th. The industrial products company reported $2.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.88 by $0.04. Zebra Technologies had a net margin of 9.91% and a return on equity of 45.47%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the previous year, the firm posted $2.56 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities analysts expect that Zebra Technologies will post 11.82 EPS for the current fiscal year.

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Zebra Technologies Profile

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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