Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Boosted by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 46.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,889 shares of the industrial products company’s stock after purchasing an additional 1,544 shares during the quarter. Mizuho Securities USA LLC’s holdings in Zebra Technologies were worth $1,888,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV grew its holdings in Zebra Technologies by 102.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 36 shares during the period. Sierra Ocean LLC bought a new position in shares of Zebra Technologies during the 4th quarter valued at about $28,000. Picton Mahoney Asset Management acquired a new position in shares of Zebra Technologies in the 4th quarter worth approximately $31,000. Avalon Trust Co bought a new stake in shares of Zebra Technologies in the 4th quarter worth approximately $35,000. Finally, Fortitude Family Office LLC raised its holdings in shares of Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Insider Activity

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average price of $311.00 per share, with a total value of $155,500.00. Following the completion of the transaction, the director now owns 202,176 shares in the company, valued at $62,876,736. The trade was a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have issued reports on ZBRA. Barclays decreased 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 research report on Friday, February 14th. Truist Financial decreased their target price on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Citigroup assumed coverage on Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 target price on the stock. UBS Group decreased their price target on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Finally, Robert W. Baird cut their price objective on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Five investment 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.

Zebra Technologies Stock Up 2.6 %

ZBRA stock opened at $297.41 on Tuesday. The company has a 50 day moving average of $341.34 and a two-hundred day moving average of $367.29. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 29.22 and a beta of 1.68. Zebra Technologies Co. has a 12-month low of $266.75 and a 12-month high of $427.76. 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 (NASDAQ:ZBRA) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. On average, equities analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies 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.