LVM Capital Management Ltd. MI Makes New Investment in Zebra Technologies Co. (NASDAQ:ZBRA)

LVM Capital Management Ltd. MI bought a new stake in Zebra Technologies Co. (NASDAQ:ZBRA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,665 shares of the industrial products company’s stock, valued at approximately $643,000.

A number of other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its stake in Zebra Technologies by 2,423.5% in the 3rd quarter. FMR LLC now owns 275,949 shares of the industrial products company’s stock worth $102,189,000 after purchasing an additional 265,014 shares in the last quarter. AXA S.A. increased its holdings in shares of Zebra Technologies by 62.3% in the second quarter. AXA S.A. now owns 277,864 shares of the industrial products company’s stock valued at $85,841,000 after purchasing an additional 106,630 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Zebra Technologies by 11.0% during the third quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock worth $335,905,000 after buying an additional 89,765 shares in the last quarter. State Street Corp boosted its stake in Zebra Technologies by 3.4% during the third quarter. State Street Corp now owns 2,149,839 shares of the industrial products company’s stock worth $796,128,000 after buying an additional 70,771 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Zebra Technologies by 94.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 142,908 shares of the industrial products company’s stock valued at $52,922,000 after buying an additional 69,549 shares in the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Robert W. Baird lifted their price target on Zebra Technologies from $380.00 to $415.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Needham & Company LLC increased their price objective on Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Morgan Stanley lifted their target price on Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, TD Cowen increased their price target on Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Zebra Technologies has an average rating of “Moderate Buy” and an average price target of $398.55.

Insider Transactions at Zebra Technologies

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 completion of the sale, the chief financial officer now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.06% of the company’s stock.

Zebra Technologies Trading Down 3.9 %

NASDAQ:ZBRA traded down $15.48 on Friday, reaching $381.52. 188,378 shares of the company’s stock were exchanged, compared to its average volume of 324,248. The business has a fifty day moving average of $396.02 and a 200-day moving average of $361.35. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. Zebra Technologies Co. has a 52-week low of $233.95 and a 52-week high of $413.43. The firm has a market capitalization of $19.68 billion, a price-to-earnings ratio of 51.91 and a beta of 1.64.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, topping the consensus estimate 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 previous year, the firm posted $0.57 earnings per share. The company’s quarterly revenue was up 31.3% compared to the same quarter last year. As a group, analysts expect that Zebra Technologies Co. will post 12.4 earnings per share for the current year.

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.