Entropy Technologies LP Grows Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Entropy Technologies LP lifted its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 467.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,463 shares of the industrial products company’s stock after purchasing an additional 4,500 shares during the quarter. Entropy Technologies LP’s holdings in Zebra Technologies were worth $2,110,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Concord Wealth Partners purchased a new stake in Zebra Technologies in the third quarter worth approximately $30,000. Fortitude Family Office LLC boosted its stake in shares of Zebra Technologies by 159.5% in the 4th 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. Ameliora Wealth Management Ltd. purchased a new stake in shares of Zebra Technologies in the 4th quarter valued at $42,000. Blue Trust Inc. raised its position in Zebra Technologies by 136.7% in the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 67 shares during the period. Finally, Spire Wealth Management raised its position in Zebra Technologies by 44.7% in the 4th quarter. Spire Wealth Management now owns 136 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 42 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. TD Cowen raised their price objective on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Robert W. Baird raised their price target on Zebra Technologies from $380.00 to $415.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. UBS Group boosted their price objective on Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Finally, Barclays increased 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 report on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $401.25.

Zebra Technologies Price Performance

ZBRA stock opened at $363.44 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96. Zebra Technologies Co. has a 1 year low of $243.49 and a 1 year high of $427.76. The firm has a 50-day moving average of $397.18 and a 200 day moving average of $373.33. The company has a market cap of $18.75 billion, a P/E ratio of 49.45 and a beta of 1.63.

Zebra Technologies Company 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.