Thrivent Financial for Lutherans Has $107.12 Million Stake in Zebra Technologies Corporation $ZBRA

Thrivent Financial for Lutherans decreased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 360,466 shares of the industrial products company’s stock after selling 7,343 shares during the period. Thrivent Financial for Lutherans owned 0.71% of Zebra Technologies worth $107,116,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new position in Zebra Technologies during the 2nd quarter worth approximately $25,000. Blue Trust Inc. grew its position in Zebra Technologies by 81.7% in the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 49 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Zebra Technologies in the second quarter valued at approximately $39,000. Ameritas Advisory Services LLC purchased a new stake in shares of Zebra Technologies during the 2nd quarter valued at $42,000. Finally, Eastern Bank increased its holdings in Zebra Technologies by 132.0% during the third quarter. Eastern Bank now owns 174 shares of the industrial products company’s stock worth $52,000 after buying an additional 99 shares during the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $234.98 on Friday. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $400.55. The company has a current ratio of 1.61, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The business has a fifty day simple moving average of $252.10 and a two-hundred day simple moving average of $284.07. The firm has a market capitalization of $11.90 billion, a P/E ratio of 23.69 and a beta of 1.68.

Insider Buying and Selling

In related news, Director Satish Dhanasekaran bought 1,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were acquired at an average cost of $233.12 per share, with a total value of $233,120.00. Following the completion of the acquisition, the director owned 3,356 shares of the company’s stock, valued at $782,350.72. The trade was a 42.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Truist Financial lowered their price objective on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. Citigroup lowered their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, January 21st. Finally, Barclays upped their price objective on shares of Zebra Technologies from $360.00 to $368.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $350.00.

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.