Salzhauer Michael Has Upped Its Bank Amer (BAC) Stake by $39.69 Million; Comerica Bank Has Increased Its Stake in Zebra Technologies Cl A (ZBRA) by $1.22 Million as Market Valuation Rose

May 22, 2018 - By Kurt Siggers

Zebra Technologies Corporation (NASDAQ:ZBRA) Logo

Comerica Bank increased its stake in Zebra Technologies Corp Cl A (ZBRA) by 14.67% based on its latest 2017Q4 regulatory filing with the SEC. Comerica Bank bought 9,893 shares as the company’s stock rose 28.83% while stock markets declined. The institutional investor held 77,326 shares of the industrial machinery and components company at the end of 2017Q4, valued at $9.54 million, up from 67,433 at the end of the previous reported quarter. Comerica Bank who had been investing in Zebra Technologies Corp Cl A for a number of months, seems to be bullish on the $8.23 billion market cap company. The stock increased 0.02% or $0.03 during the last trading session, reaching $154.19. About 230,506 shares traded. Zebra Technologies Corporation (NASDAQ:ZBRA) has risen 56.60% since May 22, 2017 and is uptrending. It has outperformed by 45.05% the S&P500.

Salzhauer Michael increased its stake in Bank Amer Corp (BAC) by 882.47% based on its latest 2017Q4 regulatory filing with the SEC. Salzhauer Michael bought 1.37 million shares as the company’s stock declined 1.20% with the market. The institutional investor held 1.52 million shares of the major banks company at the end of 2017Q4, valued at $44.98 million, up from 155,100 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $313.21B market cap company. The stock increased 1.11% or $0.34 during the last trading session, reaching $30.89. About 60.83M shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 22, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Among 12 analysts covering Zebra Tech (NASDAQ:ZBRA), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Zebra Tech had 31 analyst reports since August 12, 2015 according to SRatingsIntel. J.P. Morgan maintained Zebra Technologies Corporation (NASDAQ:ZBRA) on Tuesday, November 7 with “Buy” rating. The firm earned “Outperform” rating on Wednesday, November 29 by Imperial Capital. The firm has “Outperform” rating by Barrington Research given on Wednesday, August 26. Imperial Capital downgraded it to “In-Line” rating and $86 target in Wednesday, January 4 report. The company was maintained on Friday, May 13 by Barrington Research. Robert W. Baird maintained it with “Buy” rating and $146.0 target in Thursday, February 22 report. The firm earned “Neutral” rating on Wednesday, June 29 by Northcoast. As per Wednesday, May 31, the company rating was downgraded by Morgan Stanley. Imperial Capital maintained Zebra Technologies Corporation (NASDAQ:ZBRA) on Monday, February 27 with “In-Line” rating. The stock of Zebra Technologies Corporation (NASDAQ:ZBRA) has “Outperform” rating given on Wednesday, August 12 by Oppenheimer.

Comerica Bank, which manages about $15.01B US Long portfolio, decreased its stake in Dollar Gen Corp New (NYSE:DG) by 8,170 shares to 66,085 shares, valued at $6.79 million in 2017Q4, according to the filing. It also reduced its holding in Cvs/Caremark Corp (NYSE:CVS) by 89,077 shares in the quarter, leaving it with 466,688 shares, and cut its stake in Investors Bancorp Inc New (NASDAQ:ISBC).

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.40, from 1.64 in 2017Q3. It fall, as 30 investors sold ZBRA shares while 82 reduced holdings. 41 funds opened positions while 98 raised stakes. 46.52 million shares or 0.84% less from 46.92 million shares in 2017Q3 were reported. Hanseatic Management accumulated 12,540 shares. Mississippi-based Hancock Holdings Com has invested 0.43% in Zebra Technologies Corporation (NASDAQ:ZBRA). Parametric Portfolio Ltd Liability holds 0.01% or 104,873 shares in its portfolio. Skyline Asset Limited Partnership invested 1.87% of its portfolio in Zebra Technologies Corporation (NASDAQ:ZBRA). Retirement Of Alabama has invested 0.03% in Zebra Technologies Corporation (NASDAQ:ZBRA). Goldman Sachs Grp Inc has invested 0.01% in Zebra Technologies Corporation (NASDAQ:ZBRA). Ngam Advsr Lp invested in 0.05% or 44,864 shares. Rowland & Company Inv Counsel Adv reported 23,373 shares. Stratos Wealth Ltd holds 30 shares. Gargoyle Investment Advisor Ltd Llc invested in 0.14% or 3,362 shares. Citigroup has 0% invested in Zebra Technologies Corporation (NASDAQ:ZBRA) for 9,887 shares. Northwestern Mutual Wealth holds 0% or 33 shares. First Mercantile Trust Communications holds 0.06% of its portfolio in Zebra Technologies Corporation (NASDAQ:ZBRA) for 2,790 shares. Ameritas Invest Prns Incorporated has invested 0.07% of its portfolio in Zebra Technologies Corporation (NASDAQ:ZBRA). Proshare Advisors Llc invested in 4,976 shares or 0% of the stock.

More recent Zebra Technologies Corporation (NASDAQ:ZBRA) news were published by: Seekingalpha.com which released: “Zebra Technologies (ZBRA) Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. Also Nasdaq.com published the news titled: “Analysis: Positioning to Benefit within Zebra Technologies, Deluxe, Veeco Instruments, Wingstop, Superior Industries …” on April 25, 2018. Benzinga.com‘s news article titled: “Earnings Scheduled For May 8, 2018” with publication date: May 08, 2018 was also an interesting one.

Since February 26, 2018, it had 0 insider purchases, and 12 insider sales for $16.44 million activity. GAGNIER HUGH K also sold $1.33 million worth of Zebra Technologies Corporation (NASDAQ:ZBRA) on Wednesday, February 28. Another trade for 2,442 shares valued at $372,112 was sold by TERZICH MICHAEL H. The insider GUSTAFSSON ANDERS sold $3.12M. 2,500 shares were sold by Cho Michael, worth $357,600 on Tuesday, February 27. MANIRE ROSS W sold $270,340 worth of stock or 2,000 shares. On Tuesday, May 15 the insider KAPUT JIM L sold $791,867.

Salzhauer Michael, which manages about $254.56M US Long portfolio, decreased its stake in American Intl Group Inc (NYSE:AIG) by 6,687 shares to 4,613 shares, valued at $275,000 in 2017Q4, according to the filing. It also reduced its holding in Bank New York Mellon Corp (NYSE:BK) by 38,795 shares in the quarter, leaving it with 2,005 shares, and cut its stake in Cno Finl Group Inc.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.15, from 1.04 in 2017Q3. It increased, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Haverford Fin Incorporated reported 13,400 shares. Nwq Inv Management, a California-based fund reported 2.75 million shares. Hedeker Wealth Ltd Liability has invested 3.47% in Bank of America Corporation (NYSE:BAC). 12,629 were reported by Clear Harbor Asset Mgmt Limited Liability Corporation. Asset Corp invested 0.03% in Bank of America Corporation (NYSE:BAC). Saturna Cap reported 8,067 shares stake. Jaffetilchin Inv Limited Liability holds 0.23% in Bank of America Corporation (NYSE:BAC) or 23,445 shares. Brinker has invested 0.05% in Bank of America Corporation (NYSE:BAC). Schwab Charles Management Incorporated reported 34.27 million shares or 0.8% of all its holdings. Stephens Inc Ar accumulated 0.98% or 888,692 shares. Dreman Value Management L L C reported 1.74% of its portfolio in Bank of America Corporation (NYSE:BAC). Agf reported 0.03% of its portfolio in Bank of America Corporation (NYSE:BAC). Cetera Ltd Co reported 92,854 shares. Pennant Capital Mngmt Limited holds 1.89% or 706,721 shares. Philadelphia Trust reported 1.09M shares.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Investorplace.com which released: “Friday’s Vital Data: Micron Technology, Inc. (MU), Tesla Inc (TSLA) and Bank of America Corp (BAC)” on May 18, 2018, also Seekingalpha.com with their article: “Bank of America (BAC) Investor Presentation – Slideshow” published on April 26, 2018, Seekingalpha.com published: “Bank Of America: This 6.00% Preferred Stock Has Begun Trading On The NYSE” on May 17, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank of America affirms gun pledge” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “Bank Of America: Into The Home Straight?” with publication date: April 23, 2018.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 30. The rating was upgraded by Atlantic Securities on Wednesday, December 21 to “Overweight”. The company was upgraded on Tuesday, September 1 by KBW. The stock of Bank of America Corporation (NYSE:BAC) has “Neutral” rating given on Tuesday, August 25 by Robert W. Baird. The stock has “Overweight” rating by JP Morgan on Thursday, April 7. The company was maintained on Sunday, August 13 by Keefe Bruyette & Woods. As per Tuesday, April 24, the company rating was maintained by Citigroup. The firm has “Hold” rating given on Wednesday, May 31 by BMO Capital Markets. The company was maintained on Monday, October 16 by BMO Capital Markets. On Friday, February 2 the stock rating was maintained by Morgan Stanley with “Overweight”.

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