Zebra Technologies Co. (NASDAQ:ZBRA) Stock Position Decreased by Hudson Value Partners LLC

Hudson Value Partners LLC reduced its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 14,889 shares of the industrial products company’s stock after selling 96 shares during the period. Zebra Technologies accounts for approximately 2.1% of Hudson Value Partners LLC’s holdings, making the stock its 12th biggest position. Hudson Value Partners LLC’s holdings in Zebra Technologies were worth $5,750,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC acquired a new stake in Zebra Technologies during the third quarter worth about $247,000. Point72 DIFC Ltd bought a new stake in shares of Zebra Technologies during the third quarter valued at approximately $2,113,000. Versor Investments LP acquired a new position in shares of Zebra Technologies in the third quarter valued at $1,752,000. LVM Capital Management Ltd. MI bought a new position in Zebra Technologies in the fourth quarter worth $643,000. Finally, Cerity Partners LLC boosted its stake in Zebra Technologies by 45.3% during the third quarter. Cerity Partners LLC now owns 10,668 shares of the industrial products company’s stock worth $3,950,000 after buying an additional 3,328 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Performance

Shares of NASDAQ ZBRA opened at $331.08 on Wednesday. The stock has a 50 day moving average of $388.62 and a 200-day moving average of $373.68. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $17.08 billion, a P/E ratio of 32.52 and a beta of 1.63. Zebra Technologies Co. has a 12 month low of $266.75 and a 12 month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. As a group, equities research analysts predict that Zebra Technologies Co. will post 14.82 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Truist Financial reduced their price objective on shares of Zebra Technologies from $409.00 to $379.00 and set a “hold” rating for the company in a report on Friday, February 14th. Robert W. Baird lowered their target price on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday. TD Cowen increased their target price on shares of Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Barclays reduced their price target on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. Finally, UBS Group cut their target price on shares of Zebra Technologies from $445.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Zebra Technologies has a consensus rating of “Moderate Buy” and an average price target of $381.42.

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.