Robeco Institutional Asset Management B.V. Trims Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 24.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,970 shares of the industrial products company’s stock after selling 33,806 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zebra Technologies were worth $28,965,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its position in shares of Zebra Technologies by 328.9% during the third quarter. Wealthfront Advisers LLC now owns 10,393 shares of the industrial products company’s stock worth $2,458,000 after buying an additional 7,970 shares during the period. New Mexico Educational Retirement Board grew its position in Zebra Technologies by 3.9% in the 3rd quarter. New Mexico Educational Retirement Board now owns 2,650 shares of the industrial products company’s stock valued at $627,000 after acquiring an additional 100 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Zebra Technologies by 2.4% during the third quarter. Daiwa Securities Group Inc. now owns 5,375 shares of the industrial products company’s stock worth $1,271,000 after purchasing an additional 128 shares during the period. Empirical Finance LLC lifted its position in shares of Zebra Technologies by 11.1% during the third quarter. Empirical Finance LLC now owns 1,725 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 173 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Zebra Technologies by 27.5% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,597 shares of the industrial products company’s stock valued at $378,000 after purchasing an additional 344 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zebra Technologies

In related news, insider Michael Cho sold 1,657 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $320.51, for a total transaction of $531,085.07. Following the transaction, the insider now owns 3,809 shares in the company, valued at approximately $1,220,822.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Michael Cho sold 1,657 shares of the stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $320.51, for a total transaction of $531,085.07. Following the completion of the sale, the insider now owns 3,809 shares in the company, valued at approximately $1,220,822.59. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Colleen M. O’sullivan sold 135 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $279.36, for a total transaction of $37,713.60. Following the transaction, the chief accounting officer now directly owns 5,543 shares in the company, valued at $1,548,492.48. The disclosure for this sale can be found here. 1.06% of the stock is currently owned by insiders.

Zebra Technologies Stock Down 0.6 %

ZBRA stock traded down $1.97 during trading on Friday, hitting $317.89. 222,673 shares of the company’s stock were exchanged, compared to its average volume of 392,077. The business has a 50-day moving average price of $296.86 and a two-hundred day moving average price of $265.90. The company has a current ratio of 0.99, a quick ratio of 0.56 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $16.35 billion, a price-to-earnings ratio of 63.07 and a beta of 1.76. Zebra Technologies Co. has a 52-week low of $194.59 and a 52-week high of $325.11.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.71. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. Zebra Technologies had a net margin of 5.99% and a return on equity of 13.05%. The company’s revenue was down 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.59 EPS. As a group, equities research analysts expect that Zebra Technologies Co. will post 10.47 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on ZBRA. Stephens upped their target price on shares of Zebra Technologies from $335.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 1st. Wolfe Research raised Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price objective on the stock in a research report on Monday, April 8th. StockNews.com upgraded Zebra Technologies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Needham & Company LLC upped their price target on Zebra Technologies from $352.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Barclays started coverage on Zebra Technologies in a research note on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 price objective for the company. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Zebra Technologies presently has an average rating of “Hold” and a consensus target price of $312.27.

Zebra Technologies Company Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.