Toronto Dominion Bank Has $8.45 Million Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Toronto Dominion Bank reduced its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 15.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 22,813 shares of the industrial products company's stock after selling 4,100 shares during the period. Toronto Dominion Bank's holdings in Zebra Technologies were worth $8,448,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ZBRA. WCM Investment Management LLC boosted its stake in shares of Zebra Technologies by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company's stock worth $3,502,000 after acquiring an additional 27 shares in the last quarter. KPP Advisory Services LLC raised its holdings in Zebra Technologies by 2.3% in the 3rd quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company's stock worth $461,000 after purchasing an additional 28 shares during the period. Cascade Investment Advisors Inc. boosted its position in Zebra Technologies by 0.7% during the third quarter. Cascade Investment Advisors Inc. now owns 4,387 shares of the industrial products company's stock worth $1,625,000 after purchasing an additional 30 shares in the last quarter. Private Advisor Group LLC grew its holdings in Zebra Technologies by 1.4% in the third quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company's stock valued at $821,000 after purchasing an additional 31 shares during the period. Finally, Metis Global Partners LLC increased its position in shares of Zebra Technologies by 1.9% in the third quarter. Metis Global Partners LLC now owns 1,649 shares of the industrial products company's stock valued at $611,000 after buying an additional 31 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Down 1.0 %

Shares of NASDAQ ZBRA traded down $4.05 during midday trading on Friday, reaching $403.59. 249,217 shares of the company's stock were exchanged, compared to its average volume of 299,110. The stock has a market capitalization of $20.82 billion, a PE ratio of 54.91 and a beta of 1.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37. The business's fifty day moving average price is $388.62 and its two-hundred day moving average price is $350.11. Zebra Technologies Co. has a 52-week low of $233.95 and a 52-week high of $413.43.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share for the quarter, beating analysts' consensus estimates of $2.92 by $0.57. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. The company's revenue for the quarter was up 31.3% compared to the same quarter last year. Analysts forecast that Zebra Technologies Co. will post 12.4 EPS for the current year.

Analyst Upgrades and Downgrades

ZBRA has been the topic of a number of recent analyst reports. StockNews.com upgraded Zebra Technologies from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Barclays lifted their target price 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. Robert W. Baird upped their price target on shares of Zebra Technologies from $380.00 to $415.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Truist Financial reiterated a "hold" rating and issued a $383.00 price objective (up from $379.00) on shares of Zebra Technologies in a report on Wednesday, October 30th. Finally, UBS Group increased their price objective on Zebra Technologies from $390.00 to $445.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Zebra Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $393.82.

Insider Buying and Selling

In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of Zebra Technologies stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $381.73, for a total transaction of $701,238.01. Following the transaction, the chief financial officer now owns 11,421 shares of the company's stock, valued at $4,359,738.33. The trade was a 13.86 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.06% of the stock is owned by corporate insiders.

About Zebra Technologies

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.