OneDigital Investment Advisors LLC Raises Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

OneDigital Investment Advisors LLC boosted its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,612 shares of the industrial products company’s stock after purchasing an additional 76 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Zebra Technologies were worth $597,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Bessemer Group Inc. lifted its holdings in Zebra Technologies by 214.8% in the 1st quarter. Bessemer Group Inc. now owns 10,384 shares of the industrial products company’s stock worth $3,131,000 after buying an additional 7,085 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in Zebra Technologies by 1.0% in the first quarter. CANADA LIFE ASSURANCE Co now owns 35,089 shares of the industrial products company’s stock worth $10,586,000 after purchasing an additional 342 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Zebra Technologies by 5.3% in the first quarter. Advisors Asset Management Inc. now owns 3,249 shares of the industrial products company’s stock valued at $979,000 after acquiring an additional 164 shares during the period. LRI Investments LLC purchased a new position in shares of Zebra Technologies during the 1st quarter worth $195,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Zebra Technologies by 44.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,373,792 shares of the industrial products company’s stock valued at $414,117,000 after buying an additional 425,207 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Morgan Stanley lifted their target price on Zebra Technologies from $290.00 to $305.00 and gave the company an “underweight” rating in a research note on Wednesday, October 30th. Robert W. Baird raised their price objective on Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. TD Cowen increased their target price 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. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Barclays boosted their target price on Zebra Technologies from $347.00 to $407.00 and gave the company an “equal weight” rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $385.18.

Insider Buying and Selling at Zebra Technologies

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

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $384.53 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. Zebra Technologies Co. has a twelve month low of $217.38 and a twelve month high of $405.62. The stock has a fifty day simple moving average of $372.44 and a two-hundred day simple moving average of $339.83. The stock has a market capitalization of $19.83 billion, a price-to-earnings ratio of 52.32 and a beta of 1.64.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, topping the consensus estimate of $2.92 by $0.57. The firm had revenue of $1.26 billion during 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%. The business’s revenue for the quarter was up 31.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS. On average, analysts predict that Zebra Technologies Co. will post 12.4 EPS for the current fiscal year.

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.