Dupont Capital Management Corp Raises Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Dupont Capital Management Corp increased its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRAGet Rating) by 28.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 372 shares of the industrial products company’s stock after purchasing an additional 83 shares during the quarter. Dupont Capital Management Corp’s holdings in Zebra Technologies were worth $97,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ZBRA. Cambridge Investment Research Advisors Inc. increased its position in shares of Zebra Technologies by 13.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,815 shares of the industrial products company’s stock valued at $1,165,000 after purchasing an additional 341 shares during the last quarter. Panagora Asset Management Inc. boosted its holdings in Zebra Technologies by 102.2% during the 1st quarter. Panagora Asset Management Inc. now owns 2,230 shares of the industrial products company’s stock valued at $923,000 after acquiring an additional 1,127 shares during the period. Raymond James Trust N.A. boosted its holdings in Zebra Technologies by 45.0% during the 1st quarter. Raymond James Trust N.A. now owns 947 shares of the industrial products company’s stock valued at $392,000 after acquiring an additional 294 shares during the period. Sei Investments Co. boosted its holdings in Zebra Technologies by 28.9% during the 1st quarter. Sei Investments Co. now owns 27,317 shares of the industrial products company’s stock valued at $11,251,000 after acquiring an additional 6,119 shares during the period. Finally, Canada Pension Plan Investment Board boosted its holdings in Zebra Technologies by 97.4% during the 1st quarter. Canada Pension Plan Investment Board now owns 300 shares of the industrial products company’s stock valued at $124,000 after acquiring an additional 148 shares during the period. Institutional investors own 85.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ZBRA. UBS Group dropped their price objective on Zebra Technologies from $485.00 to $445.00 in a report on Thursday, November 3rd. StockNews.com began coverage on Zebra Technologies in a report on Wednesday, October 12th. They set a “hold” rating for the company. Credit Suisse Group began coverage on Zebra Technologies in a report on Monday, December 12th. They set an “outperform” rating and a $319.00 price objective for the company. Robert W. Baird boosted their price objective on Zebra Technologies from $300.00 to $315.00 in a report on Tuesday, December 20th. Finally, Morgan Stanley lifted their target price on Zebra Technologies from $225.00 to $260.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Zebra Technologies currently has an average rating of “Moderate Buy” and an average price target of $381.29.

Zebra Technologies Trading Up 1.0 %

Shares of NASDAQ:ZBRA opened at $296.54 on Thursday. Zebra Technologies Co. has a 12-month low of $224.87 and a 12-month high of $529.80. The business’s fifty day simple moving average is $263.66 and its 200-day simple moving average is $283.65. The company has a market capitalization of $15.31 billion, a PE ratio of 23.70 and a beta of 1.60. The company has a current ratio of 0.90, a quick ratio of 0.51 and a debt-to-equity ratio of 0.76.

Zebra Technologies (NASDAQ:ZBRAGet Rating) last announced its quarterly earnings results on Tuesday, November 1st. The industrial products company reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.20 by ($0.55). Zebra Technologies had a net margin of 8.15% and a return on equity of 30.41%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.48 billion. As a group, equities research analysts predict that Zebra Technologies Co. will post 15.8 earnings per share for the current fiscal year.

About Zebra Technologies

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Zebra Technologies Corp. engages in the design, manufacture, and sale of automatic identification and data capture products. The firm products include mobile computers, barcode scanners, radio frequency identification devices (RFID) readers, specialty printers for barcode labeling and personal identification, real-time location systems, accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications.

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

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