Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by Waterloo Capital L.P.

Waterloo Capital L.P. reduced its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,358 shares of the industrial products company’s stock after selling 127 shares during the quarter. Waterloo Capital L.P.’s holdings in Zebra Technologies were worth $1,297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Zebra Technologies in the 4th quarter valued at $201,420,000. Schroder Investment Management Group boosted its holdings in Zebra Technologies by 62.8% in the 4th quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company’s stock valued at $379,930,000 after purchasing an additional 379,491 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Zebra Technologies in the 4th quarter valued at approximately $140,039,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Zebra Technologies by 434.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 396,633 shares of the industrial products company’s stock worth $153,188,000 after buying an additional 322,475 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Zebra Technologies by 11.0% in the third quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock valued at $335,905,000 after acquiring an additional 89,765 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Analyst Ratings Changes

ZBRA has been the subject of a number of recent analyst reports. Morgan Stanley cut their price objective on Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Needham & Company LLC decreased their price objective on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a report on Friday, February 14th. Citigroup began coverage on Zebra Technologies in a research report on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 target price on the stock. Barclays lowered their price target on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Finally, Robert W. Baird decreased their target price on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.42.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of the company’s stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the purchase, the director now owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.06% of the stock is owned by company insiders.

Zebra Technologies Trading Down 6.3 %

NASDAQ ZBRA opened at $223.49 on Monday. Zebra Technologies Co. has a 12 month low of $208.35 and a 12 month high of $427.76. The company has a market capitalization of $11.48 billion, a price-to-earnings ratio of 21.95 and a beta of 1.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03. The firm’s fifty day moving average price is $316.88 and its 200 day moving average price is $363.17.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23). The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. On average, sell-side analysts expect 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.