Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Schroder Investment Management Group

Schroder Investment Management Group lifted its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRAFree Report) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,813 shares of the industrial products company’s stock after acquiring an additional 5,137 shares during the quarter. Schroder Investment Management Group owned about 0.22% of Zebra Technologies worth $30,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Zebra Technologies by 0.6% during the third quarter. Vanguard Group Inc. now owns 6,060,033 shares of the industrial products company’s stock valued at $1,433,380,000 after purchasing an additional 36,194 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Zebra Technologies by 4.9% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,646,301 shares of the industrial products company’s stock worth $389,400,000 after buying an additional 77,086 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Zebra Technologies by 8.4% in the third quarter. Ameriprise Financial Inc. now owns 1,191,194 shares of the industrial products company’s stock worth $281,753,000 after acquiring an additional 92,055 shares in the last quarter. Boston Partners boosted its holdings in Zebra Technologies by 107.1% in the fourth quarter. Boston Partners now owns 1,010,774 shares of the industrial products company’s stock valued at $276,222,000 after purchasing an additional 522,779 shares during the last quarter. Finally, Black Creek Investment Management Inc. boosted its holdings in Zebra Technologies by 6.3% in the third quarter. Black Creek Investment Management Inc. now owns 992,730 shares of the industrial products company’s stock valued at $234,810,000 after purchasing an additional 59,200 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Barclays assumed coverage on Zebra Technologies in a report on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 price target for the company. Stephens upped their price objective on Zebra Technologies from $335.00 to $380.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Needham & Company LLC upped their price objective on Zebra Technologies from $352.00 to $370.00 and gave the company a “buy” rating in a research note on Thursday, May 16th. Wolfe Research upgraded Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price objective on the stock in a research note on Monday, April 8th. Finally, StockNews.com upgraded Zebra Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Two 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $312.27.

Read Our Latest Report on ZBRA

Zebra Technologies Stock Down 2.2 %

Shares of Zebra Technologies stock opened at $300.83 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.56 and a debt-to-equity ratio of 0.57. The business’s 50 day simple moving average is $304.71 and its 200-day simple moving average is $277.75. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 59.69 and a beta of 1.70. Zebra Technologies Co. has a twelve month low of $194.59 and a twelve month high of $328.70.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.13 by $0.71. Zebra Technologies had a return on equity of 13.05% and a net margin of 5.99%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the company posted $3.59 EPS. The business’s revenue for the quarter was down 16.4% compared to the same quarter last year. Equities research analysts forecast that Zebra Technologies Co. will post 10.76 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Michael Cho sold 1,657 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $320.51, for a total value of $531,085.07. Following the completion of the transaction, the insider now directly owns 3,809 shares of the company’s stock, valued at approximately $1,220,822.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.04% of the company’s stock.

Zebra Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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