Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by Hudson Value Partners LLC

Hudson Value Partners LLC decreased its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,889 shares of the industrial products company’s stock after selling 96 shares during the quarter. Zebra Technologies comprises approximately 2.1% of Hudson Value Partners LLC’s portfolio, making the stock its 12th biggest holding. Hudson Value Partners LLC’s holdings in Zebra Technologies were worth $5,750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new stake in shares of Zebra Technologies in the fourth quarter worth approximately $28,000. Concord Wealth Partners purchased a new position in Zebra Technologies in the 3rd quarter worth approximately $30,000. Fortitude Family Office LLC grew its holdings in Zebra Technologies by 159.5% during the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 59 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new position in Zebra Technologies in the 4th quarter worth $42,000. Finally, Blue Trust Inc. grew its stake in shares of Zebra Technologies by 136.7% during the third quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 67 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of a number of recent analyst reports. UBS Group lowered their price objective on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday. Citigroup began coverage on shares of Zebra Technologies in a report on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 price target on the stock. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Truist Financial decreased their price target on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Finally, TD Cowen upped their price objective on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Zebra Technologies currently has an average rating of “Moderate Buy” and an average price target of $381.42.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $331.08 on Wednesday. Zebra Technologies Co. has a 52-week low of $266.75 and a 52-week high of $427.76. The firm has a market capitalization of $17.08 billion, a PE ratio of 32.52 and a beta of 1.63. The firm has a 50-day moving average price of $388.62 and a 200 day moving average price of $373.68. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. On average, sell-side analysts anticipate that Zebra Technologies Co. will post 14.82 earnings per share for the current fiscal year.

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.