Atria Wealth Solutions Inc. Sells 112 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Atria Wealth Solutions Inc. lowered its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 2.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,545 shares of the industrial products company’s stock after selling 112 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Zebra Technologies were worth $1,755,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Sierra Ocean LLC bought a new stake in Zebra Technologies in the 4th quarter worth $28,000. Concord Wealth Partners bought a new stake in Zebra Technologies in the 3rd quarter worth $30,000. Fortitude Family Office LLC grew its holdings in Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 59 shares during the last quarter. Ameliora Wealth Management Ltd. bought a new stake in Zebra Technologies in the 4th quarter worth $42,000. Finally, Blue Trust Inc. grew its holdings in Zebra Technologies by 136.7% in the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Down 3.1 %

Shares of NASDAQ ZBRA opened at $311.05 on Friday. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76. The stock has a market cap of $15.98 billion, a P/E ratio of 30.56 and a beta of 1.63. The firm has a 50-day moving average of $382.03 and a 200 day moving average of $373.38. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. As a group, sell-side analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays cut their price target on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. Truist Financial cut their target price on shares of Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. TD Cowen lifted their target price on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Citigroup started coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They set a “neutral” rating and a $430.00 target price on the stock. Finally, StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $381.42.

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.