Nisa Investment Advisors LLC Purchases 143 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Nisa Investment Advisors LLC raised its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,089 shares of the industrial products company’s stock after buying an additional 143 shares during the period. Nisa Investment Advisors LLC’s holdings in Zebra Technologies were worth $9,304,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ZBRA. State Street Corp lifted its holdings in Zebra Technologies by 3.4% during the 3rd quarter. State Street Corp now owns 2,149,839 shares of the industrial products company’s stock valued at $796,128,000 after purchasing an additional 70,771 shares during the last quarter. Geode Capital Management LLC raised its holdings in Zebra Technologies by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,245,702 shares of the industrial products company’s stock valued at $459,766,000 after acquiring an additional 14,237 shares during the period. JPMorgan Chase & Co. lifted its position in Zebra Technologies by 11.0% during the third quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock worth $335,905,000 after acquiring an additional 89,765 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Zebra Technologies by 4.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 426,660 shares of the industrial products company’s stock valued at $158,001,000 after purchasing an additional 18,922 shares during the last quarter. Finally, AXA S.A. increased its stake in shares of Zebra Technologies by 62.3% during the second quarter. AXA S.A. now owns 277,864 shares of the industrial products company’s stock worth $85,841,000 after purchasing an additional 106,630 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Stock Up 0.1 %

NASDAQ ZBRA opened at $421.11 on Friday. Zebra Technologies Co. has a fifty-two week low of $233.95 and a fifty-two week high of $427.76. The business has a fifty day moving average price of $397.56 and a two-hundred day moving average price of $367.55. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96. The stock has a market capitalization of $21.72 billion, a PE ratio of 57.29 and a beta of 1.64.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.57. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. Zebra Technologies’s revenue was up 31.3% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share. Equities analysts expect that Zebra Technologies Co. will post 11.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of a number of research reports. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. TD Cowen upped their price target on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Truist Financial lifted their price objective on shares of Zebra Technologies from $408.00 to $409.00 and gave the stock a “hold” rating in a research note on Thursday, January 16th. Needham & Company LLC increased their target price on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Robert W. Baird lifted their price target on shares of Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Zebra Technologies presently has an average rating of “Moderate Buy” and an average price target of $401.25.

Insider Activity at Zebra Technologies

In related news, CFO Nathan Andrew Winters sold 1,837 shares of the firm’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $381.73, for a total transaction of $701,238.01. Following the sale, the chief financial officer now owns 11,421 shares of the company’s stock, valued at $4,359,738.33. This trade represents a 13.86 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.06% of the stock is currently owned by insiders.

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.