Motley Fool Asset Management LLC Has $256,000 Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Motley Fool Asset Management LLC trimmed its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 935 shares of the industrial products company’s stock after selling 123 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Zebra Technologies were worth $256,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Boston Partners bought a new position in shares of Zebra Technologies during the 3rd quarter worth about $115,392,000. Fort Pitt Capital Group LLC grew its stake in Zebra Technologies by 24,337.4% in the third quarter. Fort Pitt Capital Group LLC now owns 236,798 shares of the industrial products company’s stock valued at $56,010,000 after acquiring an additional 235,829 shares during the period. Causeway Capital Management LLC bought a new stake in shares of Zebra Technologies during the third quarter valued at approximately $48,995,000. JPMorgan Chase & Co. raised its position in shares of Zebra Technologies by 20.0% during the third quarter. JPMorgan Chase & Co. now owns 789,109 shares of the industrial products company’s stock worth $186,648,000 after purchasing an additional 131,383 shares during the period. Finally, London Co. of Virginia bought a new position in shares of Zebra Technologies in the 3rd quarter worth $27,300,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Up 1.6 %

ZBRA opened at $297.21 on Friday. The company’s 50-day moving average price is $286.38 and its two-hundred day moving average price is $254.84. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. Zebra Technologies Co. has a twelve month low of $194.59 and a twelve month high of $320.55. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 52.05 and a beta of 1.79.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Thursday, February 15th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.62 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. Zebra Technologies had a return on equity of 15.30% and a net margin of 6.46%. Zebra Technologies’s revenue for the quarter was down 32.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.43 earnings per share. As a group, equities analysts expect that Zebra Technologies Co. will post 9.76 earnings per share for the current year.

Insider Buying and Selling

In other Zebra Technologies news, CAO Colleen M. O’sullivan sold 135 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $279.36, for a total transaction of $37,713.60. Following the sale, the chief accounting officer now directly owns 5,543 shares of the company’s stock, valued at $1,548,492.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of several research reports. Wolfe Research upgraded shares of Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price objective on the stock in a report on Monday, April 8th. Barclays began coverage on shares of Zebra Technologies in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $292.00 target price for the company. Truist Financial assumed coverage on shares of Zebra Technologies in a research report on Thursday, March 14th. They issued a “hold” rating and a $300.00 price target on the stock. Finally, StockNews.com lowered Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $278.64.

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.