Natixis Has $1.31 Million Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Natixis cut its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 61.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,385 shares of the industrial products company's stock after selling 5,319 shares during the period. Natixis' holdings in Zebra Technologies were worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Creative Financial Designs Inc. ADV lifted its holdings in Zebra Technologies by 102.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock valued at $27,000 after buying an additional 36 shares during the period. Sierra Ocean LLC bought a new stake in shares of Zebra Technologies during the 4th quarter valued at $28,000. Picton Mahoney Asset Management acquired a new position in shares of Zebra Technologies in the 4th quarter valued at $31,000. Avalon Trust Co bought a new position in shares of Zebra Technologies in the 4th quarter worth $35,000. Finally, Fortitude Family Office LLC boosted its position 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 worth $37,000 after purchasing an additional 59 shares during the last quarter. Institutional investors own 91.03% of the company's stock.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of Zebra Technologies stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the purchase, the director now directly owns 202,176 shares in the company, valued at approximately $62,876,736. This represents a 0.25 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.84% of the stock is owned by insiders.

Analysts Set New Price Targets

ZBRA has been the topic of several analyst reports. Barclays cut their target price on Zebra Technologies from $407.00 to $326.00 and set an "equal weight" rating on the stock in a research note on Friday, February 14th. Robert W. Baird decreased their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Truist Financial cut their target price on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. Needham & Company LLC decreased their price target on shares of Zebra Technologies from $430.00 to $395.00 and set a "buy" rating for the company in a report on Friday, February 14th. Finally, Citigroup dropped their price objective on Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $343.36.

Zebra Technologies Stock Up 2.3 %

ZBRA stock opened at $227.20 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03. The stock has a market capitalization of $11.67 billion, a P/E ratio of 22.32 and a beta of 1.76. Zebra Technologies Co. has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The business has a 50-day moving average of $274.80 and a 200-day moving average of $349.64.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing analysts' consensus estimates of $3.85 by ($0.23). Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. On average, sell-side analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share 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.

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