Shaker Investments LLC OH Sells 71 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Shaker Investments LLC OH trimmed its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,327 shares of the industrial products company’s stock after selling 71 shares during the quarter. Zebra Technologies comprises about 2.5% of Shaker Investments LLC OH’s holdings, making the stock its 9th biggest position. Shaker Investments LLC OH’s holdings in Zebra Technologies were worth $5,920,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cigna Investments Inc. New acquired a new position in shares of Zebra Technologies during the fourth quarter worth approximately $202,000. Hartline Investment Corp raised its holdings in Zebra Technologies by 4.2% during the fourth quarter. Hartline Investment Corp now owns 17,552 shares of the industrial products company’s stock worth $6,779,000 after buying an additional 710 shares during the last quarter. Equitable Trust Co. lifted its stake in shares of Zebra Technologies by 1.7% in the fourth quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company’s stock valued at $618,000 after buying an additional 27 shares in the last quarter. Savant Capital LLC increased its position in shares of Zebra Technologies by 18.0% during the fourth quarter. Savant Capital LLC now owns 775 shares of the industrial products company’s stock worth $299,000 after acquiring an additional 118 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of Zebra Technologies by 91.6% in the 4th quarter. Kestra Private Wealth Services LLC now owns 1,544 shares of the industrial products company’s stock worth $596,000 after acquiring an additional 738 shares during the last quarter. 91.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on ZBRA. Morgan Stanley boosted their price objective on Zebra Technologies from $400.00 to $427.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Citigroup assumed coverage on shares of Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 target price on the stock. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Robert W. Baird increased their price target on Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, Truist Financial boosted their price objective on Zebra Technologies from $408.00 to $409.00 and gave the stock a “hold” rating in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $401.25.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $358.44 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. The company has a market cap of $18.49 billion, a PE ratio of 48.77 and a beta of 1.63. Zebra Technologies Co. has a 52 week low of $243.49 and a 52 week high of $427.76. The firm’s 50-day simple moving average is $397.18 and its two-hundred day simple moving average is $373.69.

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.