Nissay Asset Management Corp Japan ADV Has $1.35 Million Stock Holdings in Zebra Technologies (NASDAQ:ZBRA)

Nissay Asset Management Corp Japan ADV grew its position in Zebra Technologies (NASDAQ:ZBRA) by 9.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,288 shares of the industrial products company’s stock after purchasing an additional 464 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Zebra Technologies were worth $1,353,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ZBRA. Parallel Advisors LLC raised its holdings in shares of Zebra Technologies by 169.2% during the first quarter. Parallel Advisors LLC now owns 140 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Whittier Trust Co. acquired a new stake in shares of Zebra Technologies during the second quarter worth $25,000. Lenox Wealth Advisors LLC raised its holdings in shares of Zebra Technologies by 85.9% during the first quarter. Lenox Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 67 shares during the period. Smithfield Trust Co. raised its holdings in shares of Zebra Technologies by 263.8% during the first quarter. Smithfield Trust Co. now owns 171 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 124 shares during the period. Finally, Valeo Financial Advisors LLC raised its holdings in shares of Zebra Technologies by 1,266.7% during the second quarter. Valeo Financial Advisors LLC now owns 123 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 114 shares during the period. Institutional investors and hedge funds own 87.52% of the company’s stock.

In other news, Director Richard L. Keyser sold 3,502 shares of Zebra Technologies stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $272.57, for a total value of $954,540.14. Following the completion of the transaction, the director now owns 13,756 shares of the company’s stock, valued at approximately $3,749,472.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Colleen M. O’sullivan sold 3,628 shares of Zebra Technologies stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $258.48, for a total transaction of $937,765.44. Following the completion of the transaction, the chief accounting officer now directly owns 2,801 shares of the company’s stock, valued at approximately $724,002.48. The disclosure for this sale can be found here. In the last three months, insiders sold 26,588 shares of company stock valued at $6,617,390. Insiders own 2.00% of the company’s stock.

A number of equities research analysts recently commented on ZBRA shares. Needham & Company LLC raised their price objective on shares of Zebra Technologies from $295.00 to $302.00 and gave the stock a “buy” rating in a report on Wednesday. Zacks Investment Research lowered shares of Zebra Technologies from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. Morgan Stanley raised their price objective on shares of Zebra Technologies from $217.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Northcoast Research downgraded shares of Zebra Technologies from a “buy” rating to a “neutral” rating and set a $240.00 target price for the company. in a research report on Thursday, April 30th. Finally, Robert W. Baird raised their target price on shares of Zebra Technologies from $202.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $248.86.

Zebra Technologies stock opened at $280.75 on Friday. The company has a market cap of $14.91 billion, a P/E ratio of 30.89 and a beta of 1.67. Zebra Technologies has a 1-year low of $150.06 and a 1-year high of $287.83. The company has a fifty day simple moving average of $262.28 and a 200 day simple moving average of $234.08. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.13. Zebra Technologies had a net margin of 11.41% and a return on equity of 34.83%. The company had revenue of $956.00 million during the quarter, compared to the consensus estimate of $939.97 million. During the same quarter last year, the firm posted $3.02 EPS. The company’s quarterly revenue was down 12.9% on a year-over-year basis. On average, equities research analysts forecast that Zebra Technologies will post 9.59 EPS for the current year.

About Zebra Technologies

Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, they deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Their market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care.

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

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