1 day Ago By ABMN Staff
Acadian Asset Management LLC boosted its holdings in Zebra Technologies Co. ( NASDAQ:ZBRA – Free Report ) by 1,087.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 1,674 shares of the industrial products company’s stock after buying an additional 1,533 shares during the period. Acadian Asset Management LLC’s holdings in Zebra Technologies were worth $516,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently bought and sold shares of the company.
Norden Group LLC bought a new position in shares of Zebra Technologies in the 1st quarter worth $2,108,000. SG Americas Securities LLC boosted its holdings in Zebra Technologies by 105.5% during the first quarter.
SG Americas Securities LLC now owns 15,300 shares of the industrial products company’s stock worth $4,612,000 after buying an additional 7,853 shares during the last quarter. Pinebridge Investments L.P.
grew its position in shares of Zebra Technologies by 72.0% during the 4th quarter. Pinebridge Investments L.
P. now owns 21,569 shares of the industrial products company’s stock worth $5,896,000 after buying an additional 9,032 shares during the period. Okabena Investment Services Inc.
grew its position in shares of Zebra Technologies by 6,195.6% during the 4th quarter. Okabena Investment Services Inc.
now owns 2,833 shares of the industrial products company’s stock worth $774,000 after buying an additional 2,788 shares during the period. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of Zebra Technologies in the 1st quarter valued at about $1,272,000. 91.
03% of the stock is owned by institutional investors. Wall Street Analyst Weigh In Several research analysts recently weighed in on the stock. BNP Paribas raised shares of Zebra Technologies from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $258.
00 to $305.00 in a research note on Thursday, June 13th. Barclays lifted their price target on shares of Zebra Technologies from $314.
00 to $347.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Stephens upped their price objective on shares of Zebra Technologies from $380.
00 to $410.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Vertical Research assumed coverage on Zebra Technologies in a report on Tuesday, July 23rd.
They set a “buy” rating and a $375.00 target price on the stock. Finally, Robert W.
Baird increased their price target on Zebra Technologies from $355.00 to $375.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st.
One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $349.64.
Insider Activity at Zebra Technologies In other news, insider Jeffrey F. Schmitz sold 1,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $341.
69, for a total transaction of $341,690.00. Following the completion of the transaction, the insider now directly owns 9,694 shares in the company, valued at approximately $3,312,342.
86. The transaction was disclosed in a document filed with the SEC, which is available at this link . 1.
06% of the stock is owned by insiders. Zebra Technologies Stock Down 0.8 % ZBRA stock opened at $351.
83 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.
28 and a quick ratio of 0.84. The stock has a market capitalization of $18.
15 billion, a P/E ratio of 69.81 and a beta of 1.65.
Zebra Technologies Co. has a fifty-two week low of $194.59 and a fifty-two week high of $372.
93. The business has a 50-day moving average of $334.32 and a 200-day moving average of $313.
21. Zebra Technologies ( NASDAQ:ZBRA – Get Free Report ) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.
18 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.70.
The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion.
Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%.
The business’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.
24 EPS. On average, sell-side analysts anticipate that Zebra Technologies Co. will post 11.
12 earnings per share for the current fiscal year. Zebra Technologies Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Co.
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