SG Americas Securities LLC Purchases 13,201 Shares of Zebra Technologies Corp. (NASDAQ:ZBRA)

SG Americas Securities LLC lifted its stake in shares of Zebra Technologies Corp. (NASDAQ:ZBRA) by 267.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,146 shares of the industrial products company’s stock after purchasing an additional 13,201 shares during the quarter. SG Americas Securities LLC’s holdings in Zebra Technologies were worth $1,884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Advisor Group Inc. raised its holdings in Zebra Technologies by 0.8% during the 2nd quarter. Advisor Group Inc. now owns 1,606 shares of the industrial products company’s stock worth $161,000 after buying an additional 13 shares during the period. Zions Bancorporation acquired a new stake in Zebra Technologies during the 3rd quarter worth about $180,000. ARP Americas LLC acquired a new stake in Zebra Technologies during the 3rd quarter worth about $202,000. Stifel Financial Corp acquired a new stake in Zebra Technologies during the 3rd quarter worth about $239,000. Finally, USA Financial Portformulas Corp acquired a new stake in Zebra Technologies during the 2nd quarter worth about $266,000. Institutional investors and hedge funds own 89.51% of the company’s stock.

In other Zebra Technologies news, SVP Michael Cho sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $110.15, for a total transaction of $110,150.00. Following the completion of the sale, the senior vice president now owns 10,426 shares of the company’s stock, valued at $1,148,423.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is owned by corporate insiders.

Several equities analysts have weighed in on the company. BidaskClub raised Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, January 13th. ValuEngine raised Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Imperial Capital raised Zebra Technologies from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $95.00 to $120.00 in a research note on Wednesday, November 29th. Zacks Investment Research cut Zebra Technologies from a “buy” rating to a “hold” rating and set a $130.00 price target for the company. in a research note on Saturday, February 10th. Finally, JPMorgan Chase & Co. boosted their price target on Zebra Technologies to $132.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $114.88.

Shares of Zebra Technologies Corp. (NASDAQ ZBRA) traded up $2.09 during trading on Thursday, reaching $118.80. The company’s stock had a trading volume of 299,700 shares, compared to its average volume of 312,491. The company has a market capitalization of $6,207.69, a PE ratio of 201.36, a P/E/G ratio of 2.09 and a beta of 1.67. The company has a quick ratio of 0.74, a current ratio of 1.22 and a debt-to-equity ratio of 3.01. Zebra Technologies Corp. has a 52-week low of $84.32 and a 52-week high of $126.49.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.14. The firm had revenue of $935.00 million during the quarter, compared to analysts’ expectations of $914.98 million. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. The company’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.43 earnings per share. analysts expect that Zebra Technologies Corp. will post 6.37 EPS for the current year.

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Zebra Technologies Company Profile

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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