Groupama Asset Managment boosted its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 439.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,773 shares of the industrial products company’s stock after purchasing an additional 3,074 shares during the period. Groupama Asset Managment’s holdings in Zebra Technologies were worth $1,121,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Zebra Technologies by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,513,454 shares of the industrial products company’s stock valued at $1,935,538,000 after buying an additional 86,672 shares during the period. State Street Corp raised its position in shares of Zebra Technologies by 1.7% during the 3rd quarter. State Street Corp now owns 2,242,126 shares of the industrial products company’s stock valued at $666,270,000 after buying an additional 37,756 shares during the period. Invesco Ltd. lifted its holdings in Zebra Technologies by 5.8% in the second quarter. Invesco Ltd. now owns 1,413,247 shares of the industrial products company’s stock valued at $435,789,000 after acquiring an additional 77,383 shares during the last quarter. Boston Partners lifted its holdings in Zebra Technologies by 0.4% in the third quarter. Boston Partners now owns 1,130,117 shares of the industrial products company’s stock valued at $335,940,000 after acquiring an additional 4,237 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Zebra Technologies by 42.1% in the third quarter. Alliancebernstein L.P. now owns 1,107,541 shares of the industrial products company’s stock worth $329,117,000 after acquiring an additional 327,861 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.
Zebra Technologies Stock Down 1.2%
NASDAQ:ZBRA opened at $203.62 on Friday. Zebra Technologies Corporation has a 52 week low of $200.44 and a 52 week high of $352.66. The stock’s fifty day moving average is $237.72 and its two-hundred day moving average is $262.41. The stock has a market capitalization of $10.02 billion, a price-to-earnings ratio of 24.92 and a beta of 1.65. The company has a quick ratio of 0.58, a current ratio of 0.97 and a debt-to-equity ratio of 0.66.
Insiders Place Their Bets
In other Zebra Technologies news, insider Cristen L. Kogl sold 145 shares of Zebra Technologies stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $235.71, for a total value of $34,177.95. Following the completion of the transaction, the insider directly owned 23,687 shares of the company’s stock, valued at $5,583,262.77. The trade was a 0.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.84% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Several research firms have issued reports on ZBRA. Morgan Stanley set a $323.00 target price on Zebra Technologies in a research note on Thursday, February 12th. Barclays lowered their price target on Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Zacks Research raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a research report on Friday, February 13th. Finally, Truist Financial decreased their target price on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Zebra Technologies presently has an average rating of “Moderate Buy” and an average price target of $339.25.
Get Our Latest Analysis on Zebra Technologies
Zebra Technologies Profile
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
See Also
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