Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Raised by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 274.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,619 shares of the industrial products company’s stock after buying an additional 20,236 shares during the quarter. Russell Investments Group Ltd.’s holdings in Zebra Technologies were worth $7,555,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its holdings in shares of Zebra Technologies by 60.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 149 shares of the industrial products company’s stock valued at $35,000 after buying an additional 56 shares during the period. Harvest Fund Management Co. Ltd bought a new position in shares of Zebra Technologies during the fourth quarter valued at approximately $44,000. Centerpoint Advisors LLC acquired a new stake in shares of Zebra Technologies during the 3rd quarter worth approximately $59,000. GAMMA Investing LLC bought a new stake in shares of Zebra Technologies in the 4th quarter worth approximately $78,000. Finally, Huntington National Bank boosted its position in Zebra Technologies by 104.0% during the 3rd quarter. Huntington National Bank now owns 357 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 182 shares during the period. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Price Performance

Shares of NASDAQ:ZBRA opened at $317.87 on Wednesday. Zebra Technologies Co. has a one year low of $194.59 and a one year high of $322.95. The company has a market capitalization of $16.33 billion, a PE ratio of 63.07 and a beta of 1.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.99. The stock has a fifty day moving average of $291.37 and a 200-day moving average of $260.36.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, April 30th. The industrial products company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.13 by $0.71. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Zebra Technologies had a return on equity of 13.05% and a net margin of 5.99%. Zebra Technologies’s revenue was down 16.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.59 earnings per share. As a group, equities analysts anticipate that Zebra Technologies Co. will post 10.47 EPS for the current fiscal year.

Insider Buying and Selling at Zebra Technologies

In related news, CAO Colleen M. O’sullivan sold 135 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $279.36, for a total transaction of $37,713.60. Following the completion of the sale, the chief accounting officer now directly owns 5,543 shares in the company, valued at $1,548,492.48. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ZBRA shares. Barclays initiated coverage on Zebra Technologies in a research note on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 target price on the stock. TD Cowen upped their target price on shares of Zebra Technologies from $300.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Robert W. Baird lifted their price target on Zebra Technologies from $312.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Stephens increased their price objective on Zebra Technologies from $335.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Finally, StockNews.com raised Zebra Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $310.64.

About Zebra Technologies

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.