Gotham Asset Management LLC Has $17.53 Million Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Gotham Asset Management LLC raised its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 158.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,383 shares of the industrial products company’s stock after buying an additional 27,798 shares during the quarter. Gotham Asset Management LLC owned 0.09% of Zebra Technologies worth $17,528,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Zebra Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,260,530 shares of the industrial products company’s stock valued at $2,417,942,000 after acquiring an additional 55,130 shares during the period. Invesco Ltd. raised its holdings in shares of Zebra Technologies by 1.5% during the fourth quarter. Invesco Ltd. now owns 1,422,986 shares of the industrial products company’s stock valued at $549,586,000 after purchasing an additional 20,992 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Zebra Technologies by 7.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company’s stock worth $500,701,000 after purchasing an additional 86,766 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Zebra Technologies by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 1,276,198 shares of the industrial products company’s stock valued at $491,935,000 after buying an additional 30,496 shares during the period. Finally, Schroder Investment Management Group increased its position in Zebra Technologies by 62.8% in the 4th quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company’s stock valued at $379,930,000 after buying an additional 379,491 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $266.76 on Friday. The stock has a 50 day moving average of $258.33 and a 200 day moving average of $338.73. The company has a market capitalization of $13.71 billion, a price-to-earnings ratio of 26.20 and a beta of 1.74. Zebra Technologies Co. has a 12 month low of $205.73 and a 12 month high of $427.76. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.60 by $0.42. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the firm posted $2.84 EPS. As a group, sell-side analysts forecast that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of research reports. Morgan Stanley reduced their price objective on Zebra Technologies from $390.00 to $232.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Needham & Company LLC decreased their price target on shares of Zebra Technologies from $395.00 to $325.00 and set a “buy” rating for the company in a research note on Wednesday, April 30th. StockNews.com lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. Barclays decreased their target price on shares of Zebra Technologies from $326.00 to $263.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 30th. Finally, UBS Group dropped their price target on shares of Zebra Technologies from $425.00 to $410.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th. Six investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Zebra Technologies has an average rating of “Moderate Buy” and a consensus target price of $321.73.

Insider Buying and Selling at Zebra Technologies

In other news, Director Anders Gustafsson purchased 500 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the purchase, the director now owns 202,176 shares of the company’s stock, valued at $62,876,736. The trade was a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.84% of the company’s stock.

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.