Global Retirement Partners LLC Purchases 184 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Global Retirement Partners LLC boosted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 20.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,071 shares of the industrial products company’s stock after buying an additional 184 shares during the quarter. Global Retirement Partners LLC’s holdings in Zebra Technologies were worth $414,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ZBRA. Sierra Ocean LLC bought a new position in shares of Zebra Technologies during the fourth quarter valued at about $28,000. Concord Wealth Partners bought a new position in Zebra Technologies during the 3rd quarter valued at approximately $30,000. Fortitude Family Office LLC lifted its holdings in Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after buying an additional 59 shares during the period. Ameliora Wealth Management Ltd. bought a new stake in shares of Zebra Technologies in the 4th quarter worth approximately $42,000. Finally, Blue Trust Inc. increased its stake in shares of 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 buying an additional 67 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ZBRA. Barclays dropped their price target on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Needham & Company LLC cut their target price on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Robert W. Baird cut their price objective on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Finally, UBS Group reduced their target price on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $381.42.

Zebra Technologies Trading Down 3.1 %

Shares of NASDAQ:ZBRA opened at $311.05 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76. The company has a market cap of $15.98 billion, a P/E ratio of 30.56 and a beta of 1.63. The stock’s fifty day moving average price is $382.03 and its 200-day moving average price is $373.80.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results 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). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Sell-side analysts expect that Zebra Technologies Co. will post 13.71 earnings per share for the current 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.