Hudson Value Partners LLC Sells 1,549 Shares of Zebra Technologies Corporation (NASDAQ:ZBRA)

Hudson Value Partners LLC trimmed its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 10.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,340 shares of the industrial products company's stock after selling 1,549 shares during the quarter. Zebra Technologies comprises approximately 1.4% of Hudson Value Partners LLC's holdings, making the stock its 25th biggest position. Hudson Value Partners LLC's holdings in Zebra Technologies were worth $3,769,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV grew its holdings in Zebra Technologies by 102.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock valued at $27,000 after buying an additional 36 shares in the last quarter. Investment Management Corp VA ADV purchased a new stake in Zebra Technologies during the 4th quarter valued at approximately $27,000. Picton Mahoney Asset Management purchased a new stake in Zebra Technologies during the 4th quarter valued at approximately $31,000. Avalon Trust Co purchased a new stake in Zebra Technologies during the 4th quarter valued at approximately $35,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in Zebra Technologies during the 4th quarter valued at approximately $36,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Trading Up 0.8%

NASDAQ ZBRA traded up $2.21 on Monday, hitting $296.25. 411,621 shares of the stock were exchanged, compared to its average volume of 473,443. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.02 and a current ratio of 1.45. The stock has a fifty day moving average price of $274.24 and a two-hundred day moving average price of $316.80. The firm has a market capitalization of $15.06 billion, a P/E ratio of 28.03 and a beta of 1.75. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, topping the consensus estimate of $3.60 by $0.42. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.73% and a return on equity of 18.77%. Zebra Technologies's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.84 earnings per share. Research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Robert W. Baird increased their price objective on shares of Zebra Technologies from $290.00 to $320.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Needham & Company LLC cut their target price on shares of Zebra Technologies from $395.00 to $325.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Truist Financial decreased their price target on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Finally, Barclays lowered their price objective on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Zebra Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $331.20.

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.