Entropy Technologies LP Acquires 4,500 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Entropy Technologies LP lifted its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 467.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,463 shares of the industrial products company’s stock after purchasing an additional 4,500 shares during the quarter. Entropy Technologies LP’s holdings in Zebra Technologies were worth $2,110,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Concord Wealth Partners bought a new stake in Zebra Technologies in the third quarter worth $30,000. Fortitude Family Office LLC raised its position in shares of Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 59 shares during the last quarter. Ameliora Wealth Management Ltd. bought a new position in Zebra Technologies in the 4th quarter worth about $42,000. Blue Trust Inc. grew its position in Zebra Technologies by 136.7% during the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 67 shares during the last quarter. Finally, Spire Wealth Management increased its stake in Zebra Technologies by 44.7% during the 4th quarter. Spire Wealth Management now owns 136 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of NASDAQ ZBRA opened at $363.44 on Monday. Zebra Technologies Co. has a 12-month low of $243.49 and a 12-month high of $427.76. The firm has a market capitalization of $18.75 billion, a price-to-earnings ratio of 49.45 and a beta of 1.63. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The firm has a 50 day moving average of $397.18 and a 200 day moving average of $373.33.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Zebra Technologies from $400.00 to $427.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. UBS Group increased their target price on Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Needham & Company LLC boosted their price target on 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 price target on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, StockNews.com upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Zebra Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $401.25.

Zebra Technologies Company 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.