Livforsakringsbolaget Skandia Omsesidigt Lowers Stake in Zebra Technologies Co. (NASDAQ:ZBRA)

Livforsakringsbolaget Skandia Omsesidigt lessened its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 89.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100 shares of the industrial products company’s stock after selling 850 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Zebra Technologies were worth $27,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ZBRA. Ontario Teachers Pension Plan Board raised its stake in shares of Zebra Technologies by 2.6% during the first quarter. Ontario Teachers Pension Plan Board now owns 1,603 shares of the industrial products company’s stock valued at $663,000 after acquiring an additional 41 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Zebra Technologies by 7.7% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the industrial products company’s stock valued at $199,000 after purchasing an additional 45 shares in the last quarter. Clear Street Markets LLC raised its position in Zebra Technologies by 92.5% during the 1st quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 49 shares in the last quarter. Horizon Investments LLC lifted its holdings in shares of Zebra Technologies by 6.9% in the 2nd quarter. Horizon Investments LLC now owns 790 shares of the industrial products company’s stock worth $234,000 after buying an additional 51 shares during the period. Finally, Centaurus Financial Inc. grew its position in shares of Zebra Technologies by 8.8% during the 1st quarter. Centaurus Financial Inc. now owns 655 shares of the industrial products company’s stock worth $208,000 after buying an additional 53 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $268.07 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.54 and a current ratio of 1.05. The company has a market capitalization of $13.77 billion, a PE ratio of 46.95 and a beta of 1.79. The company has a 50-day simple moving average of $284.42 and a two-hundred day simple moving average of $253.01. Zebra Technologies Co. has a one year low of $194.59 and a one year high of $320.55.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 15th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.62 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. Zebra Technologies’s revenue was down 32.9% on a year-over-year basis. During the same period last year, the firm posted $4.43 EPS. Research analysts expect that Zebra Technologies Co. will post 9.76 EPS for the current fiscal year.

Insider Transactions at Zebra Technologies

In related news, CAO Colleen M. O’sullivan sold 135 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $279.36, for a total value of $37,713.60. Following 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.06% of the company’s stock.

Analyst Upgrades and Downgrades

ZBRA has been the subject of several recent research reports. Barclays initiated coverage on Zebra Technologies in a report on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 price objective for the company. StockNews.com downgraded Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, February 16th. Truist Financial initiated coverage on Zebra Technologies in a report on Thursday, March 14th. They issued a “hold” rating and a $300.00 price objective for the company. Finally, Wolfe Research upgraded Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price objective for the company in a report on Monday, April 8th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $278.64.

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.