SG Americas Securities LLC Grows Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

SG Americas Securities LLC grew its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 34.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,447 shares of the industrial products company’s stock after purchasing an additional 1,914 shares during the quarter. SG Americas Securities LLC’s holdings in Zebra Technologies were worth $2,035,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Ontario Teachers Pension Plan Board lifted its position in Zebra Technologies by 2.6% during the first quarter. Ontario Teachers Pension Plan Board now owns 1,603 shares of the industrial products company’s stock worth $663,000 after buying an additional 41 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Zebra Technologies by 7.7% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the industrial products company’s stock worth $199,000 after acquiring an additional 45 shares during the period. Clear Street Markets LLC lifted its holdings in shares of Zebra Technologies by 92.5% during the 1st quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 49 shares during the period. Horizon Investments LLC boosted its position in shares of Zebra Technologies by 6.9% in the second quarter. Horizon Investments LLC now owns 790 shares of the industrial products company’s stock worth $234,000 after acquiring an additional 51 shares during the last quarter. Finally, Centaurus Financial Inc. grew its holdings in Zebra Technologies by 8.8% in the first quarter. Centaurus Financial Inc. now owns 655 shares of the industrial products company’s stock valued at $208,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.

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 value of $37,713.60. Following the completion of the transaction, the chief accounting officer now directly owns 5,543 shares in the company, valued at $1,548,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.06% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ZBRA shares. Truist Financial assumed coverage on shares of Zebra Technologies in a report on Thursday, March 14th. They issued a “hold” rating and a $300.00 price target on the stock. StockNews.com downgraded Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Zebra Technologies has a consensus rating of “Hold” and an average target price of $270.67.

Zebra Technologies Stock Up 2.7 %

Shares of Zebra Technologies stock opened at $299.16 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.54. Zebra Technologies Co. has a 1-year low of $194.59 and a 1-year high of $320.55. The business has a 50-day moving average of $270.28 and a 200-day moving average of $246.91. The company has a market capitalization of $15.37 billion, a PE ratio of 52.39 and a beta of 1.78.

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

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.