18 hours Ago By Defense World Staff
LPL Financial LLC grew its holdings in shares of Zebra Technologies Co. ( NASDAQ:ZBRA – Free Report ) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 33,806 shares of the industrial products company’s stock after purchasing an additional 4,347 shares during the period. LPL Financial LLC owned approximately 0.07% of Zebra Technologies worth $13,057,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. Heron Bay Capital Management grew its position in Zebra Technologies by 0.3% during the 4th quarter.
Heron Bay Capital Management now owns 30,739 shares of the industrial products company’s stock worth $11,872,000 after purchasing an additional 79 shares during the last quarter. Fox Run Management L.L.
C. grew its holdings in shares of Zebra Technologies by 124.9% during the fourth quarter.
Fox Run Management L.L.C.
now owns 4,285 shares of the industrial products company’s stock valued at $1,655,000 after buying an additional 2,380 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Zebra Technologies in the 4th quarter valued at $6,701,000. Knights of Columbus Asset Advisors LLC purchased a new position in Zebra Technologies in the 4th quarter worth $1,675,000.
Finally, AXQ Capital LP purchased a new position in Zebra Technologies in the 4th quarter worth $723,000. Institutional investors and hedge funds own 91.03% of the company’s stock.
Analysts Set New Price Targets ZBRA has been the topic of a number of research reports. Truist Financial cut their price objective on Zebra Technologies from $409.00 to $379.
00 and set a “hold” rating on the stock in a report on Friday, February 14th. Barclays cut their price target on shares of Zebra Technologies from $407.00 to $326.
00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. Morgan Stanley decreased their price objective on shares of Zebra Technologies from $427.00 to $390.
00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Robert W. Baird cut their price objective on shares of Zebra Technologies from $432.
00 to $380.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Finally, Needham & Company LLC decreased their target price on shares of Zebra Technologies from $430.
00 to $395.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock.
According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $381.42. Zebra Technologies Price Performance Shares of Zebra Technologies stock opened at $287.
57 on Thursday. The firm has a market cap of $14.78 billion, a PE ratio of 28.
25 and a beta of 1.68. The business has a 50-day moving average price of $324.
35 and a 200 day moving average price of $364.74. The company has a quick ratio of 1.
03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58.
Zebra Technologies Co. has a twelve month low of $266.75 and a twelve month high of $427.
76. Zebra Technologies ( NASDAQ:ZBRA – Get Free Report ) last announced its earnings results on Thursday, February 13th. The industrial products company reported $3.
62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23).
Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%.
The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion.
Sell-side analysts predict that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.
Insider Activity In other news, Director Anders Gustafsson acquired 500 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were bought at an average price of $311.00 per share, for a total transaction of $155,500.
00. Following the acquisition, the director now owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. This trade represents a 0.
25 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink . Company insiders own 1.
06% of the company’s stock. 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 Five stocks we like better than Zebra Technologies Stock Trading Terms – Stock Terms Every Investor Needs to Know Homebuilders in Freefall: Bargain Opportunity or Falling Knife? How to Profit From Value Investing The 3 Most Talked About Investments on WallStreetBets Right Now How to buy stock: A step-by-step guide for beginners Analyst Targets Signal More Growth in CrowdStrike Stock 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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