Benjamin F. Edwards & Company Inc. Boosts Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Benjamin F. Edwards & Company Inc. boosted its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 15.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 292 shares of the industrial products company’s stock after purchasing an additional 38 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Zebra Technologies were worth $90,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ZBRA. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Zebra Technologies by 38.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 118 shares of the industrial products company’s stock worth $36,000 after buying an additional 33 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Zebra Technologies by 1.2% during the 2nd quarter. Fifth Third Bancorp now owns 3,038 shares of the industrial products company’s stock valued at $939,000 after acquiring an additional 36 shares during the period. Signaturefd LLC increased its stake in shares of Zebra Technologies by 8.0% in the 2nd quarter. Signaturefd LLC now owns 512 shares of the industrial products company’s stock worth $158,000 after purchasing an additional 38 shares in the last quarter. Czech National Bank raised its holdings in Zebra Technologies by 0.5% in the 1st quarter. Czech National Bank now owns 9,036 shares of the industrial products company’s stock worth $2,724,000 after purchasing an additional 41 shares during the period. Finally, MJP Associates Inc. ADV lifted its position in Zebra Technologies by 4.0% during the second quarter. MJP Associates Inc. ADV now owns 1,096 shares of the industrial products company’s stock valued at $339,000 after purchasing an additional 42 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the company. Stephens upped their price target on Zebra Technologies from $380.00 to $410.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Barclays raised their target price on shares of Zebra Technologies from $314.00 to $347.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Vertical Research initiated coverage on shares of Zebra Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $375.00 price target on the stock. Redburn Atlantic upgraded shares of Zebra Technologies to a “strong-buy” rating in a research report on Wednesday, July 31st. Finally, Needham & Company LLC lifted their target price on shares of Zebra Technologies from $370.00 to $394.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $349.64.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $368.60 on Friday. The company has a market cap of $19.01 billion, a price-to-earnings ratio of 73.14 and a beta of 1.65. Zebra Technologies Co. has a 1 year low of $194.59 and a 1 year high of $375.88. The stock’s 50 day simple moving average is $338.87 and its two-hundred day simple moving average is $316.31. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.28 and a quick ratio of 0.84.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.70. Zebra Technologies had a net margin of 5.28% and a return on equity of 11.77%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the firm earned $3.24 earnings per share. Zebra Technologies’s revenue was up .2% on a year-over-year basis. As a group, equities analysts anticipate that Zebra Technologies Co. will post 11.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Zebra Technologies news, insider Jeffrey F. Schmitz sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $341.69, for a total transaction of $341,690.00. Following the sale, the insider now directly owns 9,694 shares in the company, valued at $3,312,342.86. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.06% of the stock is currently owned by company insiders.

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.