Segall Bryant & Hamill LLC Purchases 29,478 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Segall Bryant & Hamill LLC grew its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 74.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,205 shares of the industrial products company's stock after purchasing an additional 29,478 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.13% of Zebra Technologies worth $26,728,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ZBRA. Creative Financial Designs Inc. ADV grew its position in Zebra Technologies by 102.9% during 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 position in shares of Zebra Technologies during the 4th quarter valued at approximately $28,000. Picton Mahoney Asset Management bought a new position in shares of Zebra Technologies during the 4th quarter valued at approximately $31,000. Avalon Trust Co bought a new stake in shares of Zebra Technologies in the 4th quarter worth approximately $35,000. Finally, Fortitude Family Office LLC raised its holdings 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 period. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Price Performance

Shares of Zebra Technologies stock traded down $7.07 during trading on Friday, hitting $278.07. The stock had a trading volume of 78,307 shares, compared to its average volume of 398,738. The firm has a market cap of $14.29 billion, a price-to-earnings ratio of 27.26 and a beta of 1.68. Zebra Technologies Co. has a 12 month low of $266.75 and a 12 month high of $427.76. The business's 50-day moving average is $334.68 and its 200 day moving average is $365.97. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

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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 the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The business had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.31 billion. As a group, sell-side analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Insider Transactions at Zebra Technologies

In other news, Director Anders Gustafsson acquired 500 shares of Zebra Technologies stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the transaction, the director now owns 202,176 shares of the company's stock, valued at $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.06% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have issued reports on ZBRA. Citigroup assumed coverage on Zebra Technologies in a research report on Tuesday, January 14th. They issued a "neutral" rating and a $430.00 target price for the company. Needham & Company LLC decreased their price objective on Zebra Technologies from $430.00 to $395.00 and set a "buy" rating for the company in a report on Friday, February 14th. Barclays lowered their price objective 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. UBS Group cut their target price on shares of Zebra Technologies from $445.00 to $425.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Finally, Morgan Stanley lowered their price target on shares of Zebra Technologies from $427.00 to $390.00 and set an "equal weight" rating on the stock in a research report on Friday, February 14th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $381.42.

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.