Larson Financial Group LLC Has $523,000 Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Larson Financial Group LLC raised its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 47,775.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,915 shares of the industrial products company’s stock after purchasing an additional 1,911 shares during the period. Larson Financial Group LLC’s holdings in Zebra Technologies were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Metis Global Partners LLC lifted its holdings in Zebra Technologies by 20.0% in the third quarter. Metis Global Partners LLC now owns 1,865 shares of the industrial products company’s stock valued at $441,000 after buying an additional 311 shares during the period. Victory Capital Management Inc. boosted its position in shares of Zebra Technologies by 218.3% in the 3rd quarter. Victory Capital Management Inc. now owns 126,686 shares of the industrial products company’s stock worth $29,965,000 after purchasing an additional 86,888 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Zebra Technologies by 487.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 64,202 shares of the industrial products company’s stock worth $17,548,000 after purchasing an additional 53,265 shares during the period. JPMorgan Chase & Co. increased its holdings in Zebra Technologies by 20.0% in the third quarter. JPMorgan Chase & Co. now owns 789,109 shares of the industrial products company’s stock valued at $186,648,000 after purchasing an additional 131,383 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its stake in Zebra Technologies by 255.3% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,100 shares of the industrial products company’s stock valued at $1,443,000 after buying an additional 4,383 shares during the period. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Up 1.8 %

ZBRA stock opened at $276.56 on Wednesday. Zebra Technologies Co. has a twelve month low of $194.59 and a twelve month high of $320.55. The company has a market cap of $14.21 billion, a price-to-earnings ratio of 48.43 and a beta of 1.79. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $285.28 and a two-hundred day moving average price of $253.89.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Thursday, February 15th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. The firm’s revenue for the quarter was down 32.9% on a year-over-year basis. During the same period in the previous year, the company earned $4.43 earnings per share. Analysts anticipate that Zebra Technologies Co. will post 9.76 EPS for the current fiscal year.

Insider Activity

In related news, CAO Colleen M. O’sullivan sold 135 shares of Zebra Technologies stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $279.36, for a total transaction of $37,713.60. Following the completion of the transaction, the chief accounting officer now owns 5,543 shares in the company, valued at $1,548,492.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.04% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wolfe Research raised Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price target for the company in a research note on Monday, April 8th. Truist Financial started coverage on shares of Zebra Technologies in a report on Thursday, March 14th. They issued a “hold” rating and a $300.00 target price on the stock. StockNews.com cut shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Finally, Barclays started coverage on shares of Zebra Technologies in a research report on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 price objective for the company. Three analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $278.64.

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.