International Assets Investment Management LLC Has $20.47 Million Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

International Assets Investment Management LLC lifted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 22,943.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,892 shares of the industrial products company’s stock after acquiring an additional 74,567 shares during the period. International Assets Investment Management LLC owned approximately 0.15% of Zebra Technologies worth $20,470,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Advisors Inc. increased its holdings in shares of Zebra Technologies by 60.2% during the third quarter. First Horizon Advisors Inc. now owns 149 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 56 shares during the period. Centerpoint Advisors LLC acquired a new position in Zebra Technologies in the 3rd quarter valued at $59,000. Huntington National Bank lifted its position in shares of 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 acquiring an additional 182 shares during the period. ING Groep NV acquired a new stake in shares of Zebra Technologies during the 3rd quarter worth $105,000. Finally, SRS Capital Advisors Inc. increased its position in shares of Zebra Technologies by 620.3% in the third quarter. SRS Capital Advisors Inc. now owns 533 shares of the industrial products company’s stock worth $126,000 after purchasing an additional 459 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $309.59 on Friday. The firm has a market capitalization of $15.91 billion, a price-to-earnings ratio of 61.43 and a beta of 1.76. The company has a current ratio of 0.99, a quick ratio of 0.54 and a debt-to-equity ratio of 0.57. The business’s 50-day moving average price is $289.78 and its 200-day moving average price is $258.44. Zebra Technologies Co. has a 12 month low of $194.59 and a 12 month high of $322.95.

Zebra Technologies (NASDAQ:ZBRA) last posted 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. Zebra Technologies had a net margin of 5.99% and a return on equity of 13.05%. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $3.59 EPS. The firm’s revenue was down 16.4% compared to the same quarter last year. Equities research analysts forecast that Zebra Technologies Co. will post 10.03 EPS for the current year.

Insider Buying and Selling

In related news, CAO Colleen M. O’sullivan sold 135 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $279.36, for a total transaction of $37,713.60. Following the completion of the transaction, the chief accounting officer now directly owns 5,543 shares of the company’s stock, valued at approximately $1,548,492.48. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on ZBRA. Barclays assumed coverage on shares of Zebra Technologies in a report on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 target price on the stock. Truist Financial restated a “hold” rating and set a $315.00 price objective (up from $300.00) on shares of Zebra Technologies in a research report on Wednesday. Stephens raised their target price on Zebra Technologies from $335.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday. StockNews.com upgraded Zebra Technologies from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, UBS Group upped their price objective on Zebra Technologies from $340.00 to $368.00 and gave the stock a “buy” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $310.64.

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.