19 hours Ago By ABMN Staff
LPL Financial LLC grew its stake in Zebra Technologies Co. ( NASDAQ:ZBRA – Free Report ) by 14.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The institutional investor owned 33,806 shares of the industrial products company’s stock after purchasing an additional 4,347 shares during the period. LPL Financial LLC’s holdings in Zebra Technologies were worth $13,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors have also recently made changes to their positions in the company.
Point72 DIFC Ltd acquired a new position in Zebra Technologies in the 3rd quarter valued at about $2,113,000. LVM Capital Management Ltd. MI purchased a new stake in shares of Zebra Technologies during the 4th quarter valued at approximately $643,000.
Jones Financial Companies Lllp lifted its holdings in Zebra Technologies by 334.4% in the fourth quarter. Jones Financial Companies Lllp now owns 682 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 525 shares during the last quarter.
Board of the Pension Protection Fund acquired a new stake in Zebra Technologies during the fourth quarter worth $695,000. Finally, Allspring Global Investments Holdings LLC raised its position in Zebra Technologies by 47.4% in the fourth quarter.
Allspring Global Investments Holdings LLC now owns 210,650 shares of the industrial products company’s stock valued at $80,857,000 after purchasing an additional 67,742 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.
Insider Activity at Zebra Technologies In other Zebra Technologies news, Director Anders Gustafsson purchased 500 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $311.00 per share, with a total value of $155,500.
00. Following the completion of the acquisition, the director now directly owns 202,176 shares of the company’s stock, valued at $62,876,736. This trade represents a 0.
25 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . 1.
06% of the stock is currently owned by corporate insiders. Zebra Technologies Stock Performance Zebra Technologies ( NASDAQ:ZBRA – Get Free Report ) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.
62 EPS 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 firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion.
On average, analysts predict that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.
Analysts Set New Price Targets A number of analysts recently issued reports on the company. Truist Financial cut their price objective on Zebra Technologies from $409.00 to $379.
00 and set a “hold” rating for the company in a research report on Friday, February 14th. Needham & Company LLC dropped their price target 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. Robert W. Baird decreased their price objective on shares of Zebra Technologies from $432.
00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. UBS Group dropped their target price on shares of Zebra Technologies from $445.
00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Finally, Morgan Stanley decreased their price target on Zebra Technologies from $427.
00 to $390.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company.
According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $381.42.
Check Out Our Latest Research Report on ZBRA 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.
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