Strs Ohio grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 13.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,518 shares of the industrial products company’s stock after purchasing an additional 5,303 shares during the period. Strs Ohio owned approximately 0.09% of Zebra Technologies worth $10,567,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new stake in shares of Zebra Technologies during the 3rd quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new position in shares of Zebra Technologies in the second quarter worth about $39,000. Eastern Bank lifted its holdings in shares of Zebra Technologies by 132.0% in the third quarter. Eastern Bank now owns 174 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 99 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of Zebra Technologies in the fourth quarter valued at $57,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Zebra Technologies by 3,900.0% in the third quarter. Cornerstone Planning Group LLC now owns 200 shares of the industrial products company’s stock worth $59,000 after buying an additional 195 shares during the period. 91.03% of the stock is currently owned by institutional investors.
Zebra Technologies Trading Down 1.5%
Shares of NASDAQ:ZBRA opened at $223.73 on Tuesday. The company has a market cap of $11.01 billion, a P/E ratio of 27.38 and a beta of 1.62. The stock’s 50-day moving average is $219.19 and its 200-day moving average is $243.98. Zebra Technologies Corporation has a 52-week low of $199.05 and a 52-week high of $352.66. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.58 and a current ratio of 0.97.
Insider Buying and Selling at Zebra Technologies
In related news, insider Cristen L. Kogl sold 145 shares of Zebra Technologies stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $235.71, for a total value of $34,177.95. Following the completion of the sale, the insider directly owned 23,687 shares in the company, valued at $5,583,262.77. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.91% of the company’s stock.
Wall Street Analysts Forecast Growth
ZBRA has been the topic of a number of research analyst reports. Truist Financial lowered their price objective on shares of Zebra Technologies from $294.00 to $256.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Citigroup reduced their price target on Zebra Technologies from $315.00 to $274.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Morgan Stanley set a $323.00 price objective on Zebra Technologies in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Finally, UBS Group reaffirmed a “buy” rating and issued a $335.00 price objective on shares of Zebra Technologies in a research note on Friday, February 13th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $321.38.
View Our Latest Research Report on ZBRA
About Zebra Technologies
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
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