Strs Ohio lifted its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 13.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 43,518 shares of the industrial products company’s stock after buying an additional 5,303 shares during the quarter. Strs Ohio’s holdings in Zebra Technologies were worth $10,567,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Zebra Technologies by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 6,645,605 shares of the industrial products company’s stock worth $1,613,686,000 after purchasing an additional 132,151 shares in the last quarter. State Street Corp lifted its stake in Zebra Technologies by 1.7% in the third quarter. State Street Corp now owns 2,242,126 shares of the industrial products company’s stock valued at $666,270,000 after acquiring an additional 37,756 shares during the last quarter. Nordea Investment Management AB lifted its stake in Zebra Technologies by 87.9% in the fourth quarter. Nordea Investment Management AB now owns 1,874,206 shares of the industrial products company’s stock valued at $457,419,000 after acquiring an additional 876,711 shares during the last quarter. Boston Partners grew its position in shares of Zebra Technologies by 0.4% in the 3rd quarter. Boston Partners now owns 1,130,117 shares of the industrial products company’s stock valued at $335,940,000 after acquiring an additional 4,237 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Zebra Technologies by 42.1% in the third quarter. Alliancebernstein L.P. now owns 1,107,541 shares of the industrial products company’s stock valued at $329,117,000 after buying an additional 327,861 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.
Zebra Technologies Price Performance
Shares of ZBRA opened at $223.73 on Tuesday. The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 27.38 and a beta of 1.62. The business has a 50-day moving average of $219.19 and a 200-day moving average of $243.98. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.58. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $352.66.
Insider Buying and Selling at Zebra Technologies
In related news, insider Cristen L. Kogl sold 145 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $235.71, for a total value of $34,177.95. Following the transaction, the insider owned 23,687 shares of the company’s stock, valued at approximately $5,583,262.77. This trade represents a 0.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.91% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities analysts have commented on ZBRA shares. Robert W. Baird decreased their price objective on shares of Zebra Technologies from $350.00 to $300.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup lowered their target price on Zebra Technologies from $315.00 to $274.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Needham & Company LLC reiterated a “buy” rating and issued a $345.00 price objective on shares of Zebra Technologies in a research note on Friday, February 13th. Finally, Morgan Stanley set a $323.00 price target on Zebra Technologies in a research report on Thursday, February 12th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Zebra Technologies presently has a consensus rating of “Hold” and a consensus target price of $321.38.
Check Out Our Latest Stock Analysis on ZBRA
About Zebra Technologies
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
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