Blair William & Co. IL Has $34.32 Million Stake in Zebra Technologies Co. (NASDAQ:ZBRA)

Blair William & Co. IL lowered its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,855 shares of the industrial products company’s stock after selling 887 shares during the period. Blair William & Co. IL’s holdings in Zebra Technologies were worth $34,318,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Pathstone Holdings LLC boosted its stake in Zebra Technologies by 11.6% in the third quarter. Pathstone Holdings LLC now owns 4,379 shares of the industrial products company’s stock worth $1,622,000 after purchasing an additional 456 shares in the last quarter. Cerity Partners LLC lifted its position in Zebra Technologies by 45.3% during the 3rd quarter. Cerity Partners LLC now owns 10,668 shares of the industrial products company’s stock worth $3,950,000 after buying an additional 3,328 shares in the last quarter. Larson Financial Group LLC lifted its position in Zebra Technologies by 728.6% during the 3rd quarter. Larson Financial Group LLC now owns 522 shares of the industrial products company’s stock worth $193,000 after buying an additional 459 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Zebra Technologies by 37.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 8,917 shares of the industrial products company’s stock worth $3,302,000 after acquiring an additional 2,433 shares during the last quarter. Finally, Bank of Montreal Can increased its position in Zebra Technologies by 48.9% in the 3rd quarter. Bank of Montreal Can now owns 76,050 shares of the industrial products company’s stock valued at $28,032,000 after acquiring an additional 24,969 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on ZBRA shares. 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 note on Friday, February 14th. Needham & Company LLC decreased their price objective on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Morgan Stanley dropped their target price on Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. UBS Group decreased their price target on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, Robert W. Baird dropped their price objective on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $381.42.

Zebra Technologies Stock Down 1.0 %

Shares of NASDAQ:ZBRA opened at $285.14 on Friday. The company has a 50 day moving average price of $334.68 and a two-hundred day moving average price of $365.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. The company has a market capitalization of $14.65 billion, a PE ratio of 28.01 and a beta of 1.68. Zebra Technologies Co. has a 52 week low of $266.75 and a 52 week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. Analysts forecast that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Insider Transactions at Zebra Technologies

In related news, Director Anders Gustafsson acquired 500 shares of the stock in a transaction dated Monday, February 24th. The stock was bought 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 directly owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. The trade was a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.06% of the stock is currently owned by insiders.

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.