Hantz Financial Services Inc. Lowers Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Hantz Financial Services Inc. lessened its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 1.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,345 shares of the industrial products company’s stock after selling 172 shares during the quarter. Hantz Financial Services Inc.’s holdings in Zebra Technologies were worth $5,154,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Zebra Technologies in the second quarter worth $27,000. Concord Wealth Partners purchased a new stake in Zebra Technologies during the third quarter valued at $30,000. Fortitude Family Office LLC raised its stake in Zebra Technologies by 159.5% during the fourth quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 59 shares in the last quarter. Blue Trust Inc. raised its stake in Zebra Technologies by 136.7% during the third quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 67 shares in the last quarter. Finally, Assetmark Inc. raised its stake in Zebra Technologies by 794.1% during the third quarter. Assetmark Inc. now owns 152 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Down 1.5 %

NASDAQ ZBRA opened at $399.59 on Thursday. The company’s 50-day moving average price is $399.43 and its 200-day moving average price is $370.38. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The stock has a market cap of $20.61 billion, a PE ratio of 54.37 and a beta of 1.64. Zebra Technologies Co. has a 12 month low of $233.95 and a 12 month high of $427.76.

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ZBRA shares. 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. Barclays upped their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the company an “equal weight” rating in a research note on Thursday, October 31st. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. UBS Group upped their price target on shares of Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird boosted their price objective 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 assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $401.25.

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.