Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Savant Capital LLC

Savant Capital LLC increased its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 18.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 775 shares of the industrial products company’s stock after purchasing an additional 118 shares during the quarter. Savant Capital LLC’s holdings in Zebra Technologies were worth $299,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Kestra Private Wealth Services LLC lifted its holdings in Zebra Technologies by 91.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 1,544 shares of the industrial products company’s stock worth $596,000 after buying an additional 738 shares during the last quarter. Entropy Technologies LP lifted its holdings in Zebra Technologies by 467.3% during the 4th 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 during the last quarter. Lecap Asset Management Ltd. lifted its holdings in Zebra Technologies by 537.9% during the 4th 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 during the last quarter. Prairie Wealth Advisors Inc. lifted its holdings in Zebra Technologies by 55.2% during the 4th 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 during the last quarter. Finally, Ameliora Wealth Management Ltd. purchased a new stake in Zebra Technologies during the 4th quarter worth about $42,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Morgan Stanley decreased their price target on Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a report on Friday. Barclays reduced their target price on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a report on Friday. Needham & Company LLC reduced their target price on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating for the company in a report on Friday. TD Cowen boosted their target price on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Citigroup initiated coverage on Zebra Technologies in a report on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 target price for the company. Five 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $386.00.

Zebra Technologies Stock Down 1.6 %

ZBRA opened at $318.36 on Tuesday. The business has a 50 day moving average price of $390.48 and a two-hundred day moving average price of $373.85. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. The company has a market cap of $16.42 billion, a PE ratio of 43.31 and a beta of 1.63. 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 earnings results on Thursday, February 13th. 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%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. As a group, research analysts anticipate that Zebra Technologies Co. will post 11.8 EPS for the current year.

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.