Zebra Technologies Co. (NASDAQ:ZBRA) Holdings Cut by Shaker Investments LLC OH

Shaker Investments LLC OH reduced its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 15,327 shares of the industrial products company’s stock after selling 71 shares during the period. Zebra Technologies comprises approximately 2.5% of Shaker Investments LLC OH’s holdings, making the stock its 9th biggest position. Shaker Investments LLC OH’s holdings in Zebra Technologies were worth $5,920,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Cascade Investment Advisors Inc. increased its holdings in shares of Zebra Technologies by 0.6% in the 4th quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock worth $1,704,000 after buying an additional 25 shares during the last quarter. WCM Investment Management LLC raised its position in Zebra Technologies by 0.3% during the third quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company’s stock valued at $3,502,000 after purchasing an additional 27 shares in the last quarter. Equitable Trust Co. lifted its stake in Zebra Technologies by 1.7% during the fourth quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company’s stock worth $618,000 after purchasing an additional 27 shares during the last quarter. KPP Advisory Services LLC boosted its holdings in shares of Zebra Technologies by 2.3% in the 3rd quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company’s stock worth $461,000 after purchasing an additional 28 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position 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 worth $58,000 after buying an additional 30 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Down 1.4 %

Shares of NASDAQ ZBRA opened at $358.44 on Tuesday. The firm has a fifty day simple moving average of $397.18 and a two-hundred day simple moving average of $373.69. Zebra Technologies Co. has a 12 month low of $243.49 and a 12 month high of $427.76. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $18.49 billion, a PE ratio of 48.77 and a beta of 1.63.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Truist Financial boosted their price target on shares of Zebra Technologies from $408.00 to $409.00 and gave the stock a “hold” rating in a research note on Thursday, January 16th. TD Cowen raised their price objective on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Robert W. Baird lifted their price objective on Zebra Technologies from $380.00 to $415.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Barclays raised their price target on Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $401.25.

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.