Wambolt & Associates LLC Has $245,000 Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Wambolt & Associates LLC lessened its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 15.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 634 shares of the industrial products company’s stock after selling 119 shares during the quarter. Wambolt & Associates LLC’s holdings in Zebra Technologies were worth $245,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Cascade Investment Advisors Inc. raised its holdings in shares of Zebra Technologies by 0.6% in the fourth quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock valued at $1,704,000 after purchasing an additional 25 shares during the last quarter. Equitable Trust Co. grew its position in Zebra Technologies by 1.7% in the fourth quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company’s stock valued at $618,000 after purchasing an additional 27 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Zebra Technologies by 24.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock valued at $58,000 after buying an additional 30 shares during the last quarter. New York Life Investment Management LLC lifted its position in Zebra Technologies by 0.4% during the 4th quarter. New York Life Investment Management LLC now owns 7,705 shares of the industrial products company’s stock worth $2,976,000 after buying an additional 30 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Zebra Technologies by 2.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,341 shares of the industrial products company’s stock worth $518,000 after buying an additional 32 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Down 2.1 %

Shares of ZBRA stock opened at $291.02 on Wednesday. The company has a market capitalization of $14.95 billion, a PE ratio of 28.59 and a beta of 1.68. 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 Co. has a 12-month low of $266.75 and a 12-month high of $427.76. The firm has a 50 day moving average price of $339.27 and a two-hundred day moving average price of $367.08.

Zebra Technologies (NASDAQ:ZBRA) last posted 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). Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. As a group, analysts predict that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Insider Buying and Selling

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the acquisition, the director now directly owns 202,176 shares in the company, valued at $62,876,736. This represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.06% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of several analyst reports. Needham & Company LLC dropped their target price on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a report on Friday, February 14th. Citigroup started coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 target price for the company. Robert W. Baird dropped their price target on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Barclays cut their price target on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Finally, Morgan Stanley dropped their target price on shares of Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Zebra Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $381.42.

About Zebra Technologies

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.