Whittier Trust Co. of Nevada Inc. Purchases 39 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Whittier Trust Co. of Nevada Inc. grew its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 21.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 224 shares of the industrial products company’s stock after acquiring an additional 39 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Zebra Technologies were worth $87,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its stake in Zebra Technologies by 102.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 36 shares during the last quarter. Sierra Ocean LLC bought a new position in shares of Zebra Technologies during the 4th quarter valued at approximately $28,000. Picton Mahoney Asset Management bought a new position in shares of Zebra Technologies during the 4th quarter valued at approximately $31,000. Avalon Trust Co bought a new position in shares of Zebra Technologies during the 4th quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC increased its position in shares of 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 during the last quarter. Institutional investors own 91.03% of the company’s stock.

Insider Activity at Zebra Technologies

In related news, Director Anders Gustafsson acquired 500 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of $311.00 per share, with a total value of $155,500.00. Following the completion of the transaction, the director now directly owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ZBRA has been the topic of several analyst reports. Citigroup initiated coverage on Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 target price on the stock. UBS Group cut their target price on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Robert W. Baird cut their target price on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Truist Financial dropped their price objective on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating for the company in a report on Friday, February 14th. Finally, Barclays dropped their price objective on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a report on Friday, February 14th. 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 company. Based on data from MarketBeat.com, Zebra Technologies has a consensus rating of “Moderate Buy” and an average price target of $381.42.

Zebra Technologies Price Performance

ZBRA opened at $289.99 on Monday. Zebra Technologies Co. has a 12-month low of $266.75 and a 12-month high of $427.76. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $343.03 and its 200-day simple moving average is $367.52. The company has a market capitalization of $14.90 billion, a price-to-earnings ratio of 28.49 and a beta of 1.68.

Zebra Technologies (NASDAQ:ZBRA) last posted 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 return on equity of 18.34% and a net margin of 10.60%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. On average, equities research analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies Company 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.