Lido Advisors LLC Grows Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Lido Advisors LLC boosted its stake in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 2,042.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,009 shares of the industrial products company's stock after purchasing an additional 19,075 shares during the quarter. Lido Advisors LLC's holdings in Zebra Technologies were worth $7,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Zebra Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,260,530 shares of the industrial products company's stock valued at $2,417,942,000 after acquiring an additional 55,130 shares in the last quarter. Invesco Ltd. lifted its position in Zebra Technologies by 1.5% during the fourth quarter. Invesco Ltd. now owns 1,422,986 shares of the industrial products company's stock valued at $549,586,000 after purchasing an additional 20,992 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Zebra Technologies by 7.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company's stock worth $500,701,000 after buying an additional 86,766 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Zebra Technologies by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 1,276,198 shares of the industrial products company's stock worth $491,935,000 after buying an additional 30,496 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Zebra Technologies by 62.8% during 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 buying an additional 379,491 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Trading Down 0.9 %

Shares of NASDAQ ZBRA traded down $2.36 during trading hours on Monday, hitting $253.59. The company's stock had a trading volume of 110,772 shares, compared to its average volume of 439,358. Zebra Technologies Co. has a 12 month low of $205.73 and a 12 month high of $427.76. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 24.91 and a beta of 1.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. The business has a 50-day simple moving average of $263.52 and a 200-day simple moving average of $342.48.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. The company had revenue of $1.31 billion during 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 revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.84 earnings per share. On average, analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Anders Gustafsson acquired 500 shares of the business's stock in a transaction on Monday, February 24th. The shares were acquired at an average cost of $311.00 per share, with a total value of $155,500.00. Following the transaction, the director now owns 202,176 shares in the company, valued at $62,876,736. The trade was a 0.25 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.84% of the company's stock.

Wall Street Analyst Weigh In

ZBRA has been the topic of a number of research analyst reports. Citigroup reduced their target price on Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Needham & Company LLC decreased their price objective 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 downgraded Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday. Robert W. Baird lifted their price target on shares of Zebra Technologies from $286.00 to $290.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Finally, Morgan Stanley cut their price objective on shares of Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $321.73.

About Zebra Technologies

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.