SG Americas Securities LLC grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 399.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,907 shares of the industrial products company’s stock after buying an additional 51,913 shares during the period. SG Americas Securities LLC’s holdings in Zebra Technologies were worth $15,761,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of ZBRA. Norway Savings Bank raised its holdings in shares of Zebra Technologies by 9.7% during the fourth quarter. Norway Savings Bank now owns 4,460 shares of the industrial products company’s stock valued at $1,083,000 after purchasing an additional 394 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Zebra Technologies by 10.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,260 shares of the industrial products company’s stock valued at $3,416,000 after buying an additional 1,284 shares during the period. Nordea Investment Management AB grew its stake in shares of Zebra Technologies by 87.9% in the 4th quarter. Nordea Investment Management AB now owns 1,874,206 shares of the industrial products company’s stock valued at $457,419,000 after buying an additional 876,711 shares during the period. Doliver Advisors LP grew its stake in shares of Zebra Technologies by 384.2% in the 4th quarter. Doliver Advisors LP now owns 3,341 shares of the industrial products company’s stock valued at $811,000 after buying an additional 2,651 shares during the period. Finally, Hudson Bay Capital Management LP bought a new stake in Zebra Technologies in the 3rd quarter valued at about $1,834,000. Institutional investors and hedge funds own 91.03% of the company’s stock.
Zebra Technologies Price Performance
ZBRA opened at $202.64 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.58. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of 24.80 and a beta of 1.65. The firm’s fifty day moving average price is $232.33 and its two-hundred day moving average price is $258.78. Zebra Technologies Corporation has a 1 year low of $200.44 and a 1 year high of $352.66.
Analyst Ratings Changes
ZBRA has been the subject of a number of research reports. Barclays reduced their price objective on Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, January 21st. Citigroup lifted their price target on shares of Zebra Technologies from $311.00 to $315.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. UBS Group restated a “buy” rating and set a $335.00 price target on shares of Zebra Technologies in a research note on Friday, February 13th. Finally, Truist Financial lowered their price objective on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $339.25.
Check Out Our Latest Analysis on Zebra Technologies
Insider Activity at Zebra Technologies
In related news, insider Cristen L. Kogl sold 145 shares of the business’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 directly owned 23,687 shares of the company’s stock, valued at approximately $5,583,262.77. The trade was a 0.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.84% of the stock is owned by insiders.
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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