Public Employees Retirement System of Ohio Acquires 940 Shares of Zebra Technologies Corp. (ZBRA)

Public Employees Retirement System of Ohio raised its holdings in Zebra Technologies Corp. (NASDAQ:ZBRA) by 0.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 352,338 shares of the industrial products company’s stock after buying an additional 940 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.66% of Zebra Technologies worth $38,257,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Advisor Group Inc. lifted its position in shares of 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. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Zebra Technologies by 3.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,885 shares of the industrial products company’s stock worth $189,000 after purchasing an additional 71 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Zebra Technologies by 2.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,276 shares of the industrial products company’s stock worth $430,000 after purchasing an additional 92 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Zebra Technologies by 3.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,235 shares of the industrial products company’s stock worth $626,000 after purchasing an additional 179 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Zebra Technologies by 0.9% during the 2nd quarter. Arizona State Retirement System now owns 22,200 shares of the industrial products company’s stock worth $2,232,000 after purchasing an additional 200 shares during the last quarter. 89.68% of the stock is owned by institutional investors.

Shares of Zebra Technologies Corp. (NASDAQ:ZBRA) opened at $104.14 on Friday. Zebra Technologies Corp. has a 1 year low of $81.02 and a 1 year high of $117.44. The firm has a market cap of $5,660.90, a price-to-earnings ratio of 17.11, a P/E/G ratio of 2.22 and a beta of 1.59. The company has a quick ratio of 0.74, a current ratio of 1.22 and a debt-to-equity ratio of 3.01.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.14. Zebra Technologies had a net margin of 0.82% and a return on equity of 41.17%. The firm had revenue of $935.00 million during the quarter, compared to analysts’ expectations of $914.98 million. During the same period in the previous year, the company earned $1.43 earnings per share. Zebra Technologies’s quarterly revenue was up 3.4% compared to the same quarter last year. equities analysts predict that Zebra Technologies Corp. will post 6.38 EPS for the current year.

Several research firms have recently issued reports on ZBRA. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Thursday, November 2nd. Northcoast Research raised shares of Zebra Technologies from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 31st. Imperial Capital raised shares of Zebra Technologies from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $95.00 to $120.00 in a research report on Wednesday, November 29th. J P Morgan Chase & Co lifted their price objective on shares of Zebra Technologies to $132.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. Finally, Wellington Shields raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. Zebra Technologies has an average rating of “Buy” and a consensus price target of $114.88.

In related news, Director Frank Blaise Modruson purchased 1,540 shares of Zebra Technologies stock in a transaction that occurred on Thursday, November 9th. The stock was purchased at an average cost of $103.88 per share, with a total value of $159,975.20. Following the completion of the transaction, the director now directly owns 12,556 shares in the company, valued at $1,304,317.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $110.15, for a total transaction of $110,150.00. Following the completion of the sale, the senior vice president now directly owns 10,426 shares of the company’s stock, valued at $1,148,423.90. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

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About Zebra Technologies

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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