Sei Investments Co. decreased its holdings in Zebra Technologies Co. (NASDAQ:ZBRA – Get Rating) by 53.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,172 shares of the industrial products company’s stock after selling 22,999 shares during the period. Sei Investments Co.’s holdings in Zebra Technologies were worth $5,172,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in ZBRA. Zions Bancorporation N.A. lifted its holdings in shares of Zebra Technologies by 1,100.0% during the 1st quarter. Zions Bancorporation N.A. now owns 60 shares of the industrial products company’s stock valued at $25,000 after buying an additional 55 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Zebra Technologies during the 4th quarter worth $28,000. Ronald Blue Trust Inc. raised its holdings in shares of Zebra Technologies by 81.0% during the 4th quarter. Ronald Blue Trust Inc. now owns 114 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares in the last quarter. CI Investments Inc. boosted its holdings in Zebra Technologies by 110.3% in the fourth quarter. CI Investments Inc. now owns 143 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 75 shares in the last quarter. Finally, Eagle Bay Advisors LLC increased its position in Zebra Technologies by 257.7% during the fourth quarter. Eagle Bay Advisors LLC now owns 186 shares of the industrial products company’s stock worth $48,000 after buying an additional 134 shares during the last quarter. 85.16% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. TD Cowen began coverage on Zebra Technologies in a report on Thursday, March 30th. They set an “outperform” rating and a $375.00 price objective on the stock. Stephens lifted their price target on shares of Zebra Technologies from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, February 21st. Credit Suisse Group reduced their price objective on shares of Zebra Technologies from $326.00 to $295.00 in a research note on Wednesday, May 3rd. Needham & Company LLC dropped their target price on shares of Zebra Technologies from $385.00 to $340.00 in a report on Wednesday, May 3rd. Finally, Robert W. Baird decreased their price target on shares of Zebra Technologies from $365.00 to $322.00 in a report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.14.
Zebra Technologies Trading Down 3.2 %
Zebra Technologies Company Profile
Zebra Technologies Corp. engages in the design, manufacture, and sale of automatic identification and data capture products. Its products include mobile computers, barcode scanners, radio frequency identification devices readers, specialty printers for barcode labeling and personal identification, real-time location systems, accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications.
See Also
- Get a free copy of the StockNews.com research report on Zebra Technologies (ZBRA)
- Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
- Sleeper AI-Play MongoDB Could Triple In Size
- SunCar Technology Stock Overheats…Will it Rise Again?
- OPEC Meeting: Is Saudi Arabia Trying to Squeeze the Oil Market?
- Buffett-Backed BYD Caught In The Chinese Government’s Stimulus
Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Co. (NASDAQ:ZBRA – Get Rating).
Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
