LMR Partners LLP Purchases 4,272 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

LMR Partners LLP boosted its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 10.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,007 shares of the industrial products company's stock after purchasing an additional 4,272 shares during the quarter. LMR Partners LLP owned about 0.09% of Zebra Technologies worth $17,383,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Coldstream Capital Management Inc. lifted its position in shares of Zebra Technologies by 6.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 1,192 shares of the industrial products company's stock worth $460,000 after buying an additional 72 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Zebra Technologies by 334.4% during the fourth quarter. Jones Financial Companies Lllp now owns 682 shares of the industrial products company's stock worth $263,000 after purchasing an additional 525 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Zebra Technologies in the fourth quarter worth about $695,000. Allspring Global Investments Holdings LLC boosted its position in shares of Zebra Technologies by 47.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 210,650 shares of the industrial products company's stock worth $80,857,000 after buying an additional 67,742 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Zebra Technologies by 11.0% during the third quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company's stock worth $335,905,000 after buying an additional 89,765 shares during the period. Institutional investors own 91.03% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on ZBRA. Citigroup dropped their target price on Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Needham & Company LLC dropped their target price on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. StockNews.com lowered Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Morgan Stanley dropped their target price on Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Finally, Robert W. Baird upped their price objective on Zebra Technologies from $286.00 to $290.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Zebra Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $321.73.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock traded up $2.27 on Friday, hitting $300.62. The stock had a trading volume of 410,024 shares, compared to its average volume of 457,811. Zebra Technologies Co. has a twelve month low of $205.73 and a twelve month high of $427.76. The business's 50 day moving average is $259.25 and its two-hundred day moving average is $336.60. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. The stock has a market cap of $15.29 billion, a price-to-earnings ratio of 29.53 and a beta of 1.74.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.60 by $0.42. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The firm's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.84 earnings per share. Analysts forecast that Zebra Technologies Co. will post 13.71 EPS for the current year.

Insider Buying and Selling at Zebra Technologies

In other news, Director Anders Gustafsson bought 500 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of $311.00 per share, with a total value of $155,500.00. Following the transaction, the director now directly owns 202,176 shares of the company's stock, valued at approximately $62,876,736. This represents a 0.25% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.84% of the company's stock.

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.