Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,932 shares of the industrial products company’s stock after selling 45 shares during the quarter. Stephens Inc. AR’s holdings in Zebra Technologies were worth $746,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Entropy Technologies LP grew its holdings in shares of Zebra Technologies by 467.3% during the fourth quarter. Entropy Technologies LP now owns 5,463 shares of the industrial products company’s stock worth $2,110,000 after buying an additional 4,500 shares in the last quarter. Lecap Asset Management Ltd. grew its holdings in shares of Zebra Technologies by 537.9% during the fourth quarter. Lecap Asset Management Ltd. now owns 5,371 shares of the industrial products company’s stock worth $2,074,000 after buying an additional 4,529 shares in the last quarter. Prairie Wealth Advisors Inc. grew its holdings in shares of Zebra Technologies by 55.2% during the fourth quarter. Prairie Wealth Advisors Inc. now owns 1,200 shares of the industrial products company’s stock worth $463,000 after buying an additional 427 shares in the last quarter. Ameliora Wealth Management Ltd. purchased a new stake in shares of Zebra Technologies during the fourth quarter worth about $42,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Zebra Technologies by 20.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,248 shares of the industrial products company’s stock worth $2,413,000 after buying an additional 1,064 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Price Performance

ZBRA opened at $323.42 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. Zebra Technologies Co. has a 52-week low of $248.27 and a 52-week high of $427.76. The company has a 50 day moving average of $393.93 and a two-hundred day moving average of $373.98. The company has a market cap of $16.68 billion, a P/E ratio of 44.00 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Thursday, February 20th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. On average, analysts expect that Zebra Technologies Co. will post 11.8 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ZBRA. Barclays lifted their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a report on Thursday, October 31st. Truist Financial boosted their target price on shares of Zebra Technologies from $408.00 to $409.00 and gave the company a “hold” rating in a report on Thursday, January 16th. TD Cowen boosted their target price on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Morgan Stanley boosted their target price on shares of Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Robert W. Baird boosted their target price on shares of Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $401.25.

Zebra Technologies Company Profile

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.