Graphene Investments SAS Decreases Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Graphene Investments SAS reduced its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 10.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,600 shares of the industrial products company’s stock after selling 900 shares during the period. Zebra Technologies accounts for about 2.0% of Graphene Investments SAS’s portfolio, making the stock its 28th largest position. Graphene Investments SAS’s holdings in Zebra Technologies were worth $2,935,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Cascade Investment Advisors Inc. lifted its holdings in shares of Zebra Technologies by 0.6% during the 4th quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock valued at $1,704,000 after purchasing an additional 25 shares during the last quarter. WCM Investment Management LLC increased its position in Zebra Technologies by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company’s stock valued at $3,502,000 after buying an additional 27 shares in the last quarter. KPP Advisory Services LLC raised its stake in Zebra Technologies by 2.3% in the third quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company’s stock valued at $461,000 after buying an additional 28 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Zebra Technologies by 24.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock worth $58,000 after acquiring an additional 30 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Zebra Technologies by 1.4% during the third quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company’s stock worth $821,000 after acquiring an additional 31 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC lifted their price objective on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. TD Cowen upped their target price on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Truist Financial lifted their price target on Zebra Technologies from $408.00 to $409.00 and gave the stock a “hold” rating in a research report on Thursday, January 16th. Finally, Morgan Stanley increased their price objective on Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $401.25.

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $376.80 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96. The company has a 50 day moving average price of $398.63 and a 200-day moving average price of $372.75. Zebra Technologies Co. has a 1-year low of $240.38 and a 1-year high of $427.76. The firm has a market cap of $19.44 billion, a price-to-earnings ratio of 51.27 and a beta of 1.63.

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.