Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by GTS Securities LLC

GTS Securities LLC boosted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 5.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 794 shares of the industrial products company’s stock after acquiring an additional 38 shares during the quarter. GTS Securities LLC’s holdings in Zebra Technologies were worth $307,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Zebra Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,260,530 shares of the industrial products company’s stock worth $2,417,942,000 after acquiring an additional 55,130 shares during the period. Invesco Ltd. boosted its stake in shares of Zebra Technologies by 1.5% in the fourth quarter. Invesco Ltd. now owns 1,422,986 shares of the industrial products company’s stock worth $549,586,000 after buying an additional 20,992 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Zebra Technologies by 7.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company’s stock worth $500,701,000 after buying an additional 86,766 shares during the last quarter. Geode Capital Management LLC grew its holdings in Zebra Technologies by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 1,276,198 shares of the industrial products company’s stock worth $491,935,000 after acquiring an additional 30,496 shares during the period. Finally, Schroder Investment Management Group raised its position in Zebra Technologies by 62.8% during the fourth quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company’s stock valued at $379,930,000 after acquiring an additional 379,491 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Up 0.6%

Zebra Technologies stock opened at $292.49 on Friday. The stock has a market capitalization of $14.87 billion, a PE ratio of 28.73 and a beta of 1.74. Zebra Technologies Co. has a 12 month low of $205.73 and a 12 month high of $427.76. The business has a 50 day simple moving average of $260.48 and a 200-day simple moving average of $330.51. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, topping the consensus estimate of $3.60 by $0.42. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the business earned $2.84 earnings per share. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, analysts anticipate that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Citigroup reduced their price target on Zebra Technologies from $371.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Robert W. Baird lifted their price target on Zebra Technologies from $286.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. UBS Group reduced their price target on Zebra Technologies from $425.00 to $410.00 and set a “buy” rating for the company in a research report on Wednesday, April 30th. Needham & Company LLC reduced their price target on Zebra Technologies from $395.00 to $325.00 and set a “buy” rating for the company in a research report on Wednesday, April 30th. Finally, Truist Financial reduced their price target on Zebra Technologies from $379.00 to $254.00 and set a “hold” rating for the company in a research report on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $326.09.

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.