Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Sold by Blair William & Co. IL

Key Points

• Blair William & Co. IL reduced its stake in Zebra Technologies by 2.0%, owning 87,043 shares valued at $24,595,000 as of the latest SEC filing.
• Zebra Technologies' stock has experienced a decline of 1.1%, currently trading at $335.24 with a market cap of $17.05 billion.
• Analysts have varied ratings for Zebra Technologies, with targets ranging from $254.00 to $408.00, indicating mixed sentiments among five buy and five hold ratings.

Blair William & Co. IL decreased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 2.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,043 shares of the industrial products company's stock after selling 1,812 shares during the quarter. Blair William & Co. IL owned 0.17% of Zebra Technologies worth $24,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ZBRA. Benjamin Edwards Inc. grew its holdings in Zebra Technologies by 5.7% in the fourth quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock valued at $251,000 after purchasing an additional 35 shares during the period. GTS Securities LLC lifted its position in shares of Zebra Technologies by 5.0% during the 4th quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock valued at $307,000 after buying an additional 38 shares in the last quarter. World Investment Advisors grew its stake in Zebra Technologies by 1.1% in the 4th quarter. World Investment Advisors now owns 3,842 shares of the industrial products company's stock valued at $1,484,000 after acquiring an additional 42 shares during the period. Allworth Financial LP grew its stake in Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 44 shares during the period. Finally, Utah Retirement Systems increased its holdings in Zebra Technologies by 0.5% in the 4th quarter. Utah Retirement Systems now owns 8,515 shares of the industrial products company's stock worth $3,289,000 after acquiring an additional 45 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Down 1.1%

ZBRA stock opened at $335.24 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.02 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average of $310.38 and a two-hundred day moving average of $302.45. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76. The company has a market cap of $17.05 billion, a price-to-earnings ratio of 31.72 and a beta of 1.75.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Robert W. Baird increased their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. BNP Paribas Exane upgraded shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target for the company in a research report on Thursday, July 10th. Truist Financial lowered their price objective on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. Wall Street Zen lowered Zebra Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Finally, Barclays reduced their target price on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Zebra Technologies has an average rating of "Moderate Buy" and a consensus target price of $341.56.

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.

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